According to the monitoring of the bulk data of the business agency, the market of ethyl acetate in East China has been fluctuating and rising recently. At the beginning of the month, the average price of ethyl acetate in East China was about 5602 yuan / ton. As of September 8, the average price of ethyl acetate in East China was about 5620 yuan / ton, an increase of 0.31%, and an increase of 0.13% compared with the same period of last month.

At present, the domestic ethyl acetate enterprises started smoothly, and the spot supply was sufficient. Some enterprises implemented export orders, which eased the situation of oversupply in the domestic market to a certain extent. In addition, the price of raw material acetic acid has risen slightly recently, and the cost side support is good. At present, East China is about 5600 yuan / ton, North China is about 5500 yuan / ton, and South China is about 5900 yuan / ton.

In terms of raw materials, the acetic acid market was affected by factors such as supply decline and pre holiday preparation. The price of acetic acid continued to rise. There was a strong atmosphere of speculation in the industry, and the operation was strong in the short term. The price of raw material corn is still high, but the transaction rate is low. The parking of some enterprises in Central China leads to the obvious decrease of inventory, which is in the stage of shock consolidation in the short term.

The international market price of ethyl acetate is stable and firm. At present, the port price in European market is about 750-780 euro / ton; in North America, the port price is about 630-680 US dollars / ton.

According to the analysts of ethyl acetate of business club, the demand of domestic downstream market of ethyl acetate is still flat, and under the condition of sufficient spot supply, the enterprise’s inventory pressure is still large, and the back market support of demand side is insufficient. It is expected that the ethyl acetate Market will be in a wait-and-see situation in the short term, and it is necessary to pay attention to the market of raw materials.