According to the Commodity Market Analysis System of Shengyi Society, the domestic price of ethyl acetate remained stable on September 30th, with a factory price of 6066.67 yuan/ton, which was the same as the previous trading day’s price. The cost support is stable, downstream follows up as needed, and the supplier remains cautious. The price of ethyl acetate remains stable.
Market analysis: The market for ethyl acetate remains stable. On the raw material side, the price of acetic acid remains stable and wait-and-see, with limited cost support; On the demand side, downstream pre holiday stocking enthusiasm has weakened, with a focus on following up on demand; On the factory side, the sales mentality has slowed down, with stable quotations as the main focus, waiting for news to be released after the holiday.
Looking ahead, the market for ethyl acetate raw materials remains stable, with insufficient upward momentum and a wait-and-see attitude in the ethyl ester market; On the supply side, ethyl acetate manufacturers ship on demand, with little sales pressure; Downstream demand has slowed down, and trading in the market has become weak. It is expected that the price of ethyl acetate will weaken and consolidate after the holiday. Specific attention should be paid to changes in the upstream market and downstream follow-up.
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