Commodity Name: Ethyl Acetate

Market Price (East China, June 12): 5300 yuan per ton delivered

The main points of analysis are as follows: the domestic ethyl acetate market continues to rise, the overall start-up of domestic ethyl acetate plant is low, and the recent rise of raw material acetic acid is continuous. Some exports of ethyl acetate alleviate the situation of oversupply in the market. The double favorable support of cost and demand gives ethyl acetate confidence and drives the market transaction to rise gradually. Export orders digest domestic inventories, and some manufacturers have obvious intentions to continue to rise, and the market of ethyl acetate is gradually rising. At present, the offer in East China is 5300 yuan per ton, in South China 5350 yuan per ton, and in North China 5250 yuan per ton. Business associations expect the short-term ethyl acetate Market to be stable.