According to the Commodity Market Analysis System of Shengyi Society, as of the 31st, the price of ethyl acetate was 5746.67 yuan/ton, an overall increase of 0.17% compared to the price of 5736.67 yuan/ton on December 21st. The main reason is the narrow fluctuation of the supplier’s capacity utilization rate and the unstable mentality of the factory, which has led to the continuous fluctuation of the price of ethyl acetate.

In late December, the domestic ethyl acetate plant experienced narrow fluctuations, resulting in changes in on-site supply, while downstream market enthusiasm was weak, mainly based on demand. The raw material market was weak, and cost support was insufficient. The market mentality of ethyl acetate was unstable, and the price situation was stagnant and operating.

In the future, there will be little change in the ethyl acetate plant, and the market supply of goods will remain stable. However, the enthusiasm of downstream buyers to enter the market is not high, and market transactions are limited. The news is mainly bearish, and it is expected that the price of ethyl acetate will be weak in the short term. Specific attention should be paid to changes in the supplier plant and downstream follow-up.