As the May Day holiday approaches, the downstream purchasing atmosphere for ethyl ester is generally lackluster. This week, the major factories in Shandong are scheduled to resume production at the weekend after maintenance. Currently, the factories have low inventories and have not yet started external sales. The prices of ethyl ester in various regions remain stable. The major factories in East China are fulfilling export orders and have scheduled domestic sales until the end of the month. The factory in Lianyungang is undergoing maintenance and plans to resume operation after the May Day holiday. Under these circumstances, the ethyl ester market is relatively stable, and downstream buyers are replenishing stocks based on their production needs.
The price of n-propyl ester is under pressure this week, mainly due to weak downstream demand and no significant support from the raw material side. Factories are planning to clear inventories before the May Day holiday. The price has returned to the previous range. Downstream buyers can replenish stocks based on their production needs.
All the major factories in Shandong have halted production of n-butyl ester, while those in Dongying have resumed production. Given the current situation of n-butanol as the raw material, there will be no positive factors for n-butyl ester before and during the May Day holiday in the short term. Due to the support from maintenance, the price is consolidating within this range. Downstream buyers can replenish stocks based on their production needs.
