As the May Day holiday approaches, the downstream procurement sentiment for ethyl acetate remains lukewarm. A major plant in Shandong, which had been undergoing maintenance, is scheduled to resume production by the end of this week. Currently, the plant has low inventory levels and has yet to resume external sales. Prices of ethyl acetate across various regions have remained stable. The principal plant in the East China region is fulfilling export orders, with domestic sales scheduled until the end of the month. The plant in Lianyungang is undergoing maintenance and plans to restart operations after the May Day holiday. Under these circumstances, the market for ethyl acetate has been relatively stable, with downstream enterprises replenishing their stocks based on actual production needs.
The price of n-propyl acetate has come under pressure this week, primarily due to sluggish downstream demand and a lack of significant support from the raw material side. As factories approach the May Day holiday, they all have plans to reduce inventory, causing prices to revert to their previous range. Downstream buyers can replenish their stocks based on their production requirements.
For n-butyl acetate, the main plants in Shandong have all halted production, while plants in the Dongying region have resumed operations. Given the current situation of the raw material n-butanol, there are no favorable factors expected to boost the n-butyl acetate market in the short term, either before or during the holiday. However, due to the support provided by plant maintenance, prices are consolidating within the current range. Downstream enterprises are replenishing their stocks according to their production needs.
