The current market for ethyl acetate is weak. The main factories’ poor sales have led to continuous pressure on prices. The auction results of the main factories in Shandong were not significant, and other regional factories followed suit by lowering their prices. The raw material acetic acid has been slightly adjusted due to the impact of new capacity. In addition, ethanol has gradually stabilized, and large orders can be negotiated in some areas. Neither the raw material nor the demand has provided support for ethyl acetate. It is expected to remain weak this week, with only essential replenishment.
The production of n-butyl acetate has gradually resumed in Shandong’s main factories, and the released capacity has affected prices in various regions. Currently, all factories are facing sales pressure. A major factory in Shandong has temporarily halted production. Focus on changes in factory facilities and essential replenishment.
The sales of n-propyl acetate factories this week have been average. It is expected that the market will gradually shift from stability to a downward trend. The upstream price of n-propanol, the raw material, remains stable. Pay attention to whether the new capacity in Northwest and the Two Lakes regions will be put into operation this month.
