This week (4.19-23), the domestic ethyl acetate Market was stable. After a sharp rise in early April, the market has returned to stability. According to the monitoring of business society, the East China production price of ethyl acetate was 9200-9500 yuan / ton, with a slight rise of 0.26% this week. At present, the price is still high, mainly due to the continuous rise of upstream acetic acid and the support of cost. However, the downstream procurement is rational, To suppress the market power of ethyl acetate.

First of all, the upstream acetic acid market, according to business monitoring, this week (4.19-23) acetic acid still continued to rise, or 2.59%. The operation rate of acetic acid is stable, and there is no big change compared with the previous week. Henan Shunda plant is still shut down, the production of acetic acid is controllable, and the market supply is still tight. The market prices in East China, South China and North China all rose to varying degrees.

From the perspective of supply and demand of ethyl acetate, the quotation of enterprises stabilized this week, the operation rate of the plant remained high, the normal shipment of large factories was the main reason, and the supply side was relatively loose, which was also the fundamental reason for the lack of power for the price rise of ethyl acetate. However, due to the high cost of acetic acid, the profit of ethyl acetate enterprises was under great pressure, and the price was firm. On the demand side, after a round of price hike, the lower reaches showed rational and certain resistance to the high price of ethyl acetate, and the number of families was affected to a certain extent.

In the future, the ethyl acetate analysts of the business community believe that the short-term upward pressure of ethyl acetate is greater, which is mainly restricted by the demand. However, due to the high cost, in order to ensure profits, the price of ethyl acetate enterprises may continue to remain firm, and it is difficult to rise or fall.