The current market situation of ethyl acetate is weak. The poor sales of the main factories have led to continuous pressure on the price. The bidding effect of the main factory in Shandong is not obvious, and the factories in other regions have followed suit by lowering the price. The acetic acid in the raw material end has been continuously adjusted slightly due to the impact of new production capacity. In addition, ethanol is gradually stabilizing, and large orders can be negotiated in some regions. From the raw material end and demand, it has not boosted ethyl ester. It is expected to operate weakly this week, with essential demand replenishment.
With the resumption of production at the main factories in Shandong, the capacity of n-butyl acetate is gradually being released, which has affected the prices in various regions. Currently, all factories are under pressure to sell their products. A certain main factory in Shandong has been temporarily shut down, and the changes in factory facilities should be closely monitored to replenish essential goods.
This week, the factory shipment of n-propyl acetate was average. It is expected that the market situation will gradually shift from stability to a gradual decline. The upstream quotations of raw material n-propyl alcohol remain stable. The key is to pay attention to whether the new production capacity in the northwest and the two Lakes regions will be put into operation this month.
