According to the Commodity Market Analysis System of Shengyi Society, as of the 25th, the price of ethyl acetate was 5806.67 yuan/ton, an overall increase of 0.99% compared to the price of 5750.00 yuan/ton on November 18th. Due to the continuous rise in upstream market conditions, favorable cost support, and improved demand, the market sentiment is good, and the ethyl acetate market is running strongly.

This week, the domestic price trend of ethyl acetate is relatively strong and consolidating. At the beginning of the week, downstream follow-up was average, and the raw material market remained stable. Ethyl ester manufacturers slightly lowered their quotations to stimulate shipments. Later, with the continuous rise of upstream acetic acid prices and favorable cost support, ethyl ester prices also increased. At the same time, some on-site equipment loads were reduced, and market supply was reduced. The industry’s mentality was optimistic, and the ethyl acetate market remained strong.

Looking at the future market, there is currently little fluctuation in the ethyl acetate plant, with stable enterprise quotations and downstream purchases following up as needed. There is not much sales pressure on manufacturers, and the raw material market is relatively strong, providing good support for downstream. It is expected that the price of ethyl acetate will remain stable and wait for further developments in the upstream market and downstream follow-up.