Last week, the market of
ethyl acetate was running strongly. Downstream end customers gradually resumed production, and the release of the follow-up maintenance plans by major factories drove a slight price increase, resulting in a premium situation. The supply of glacial acetic acid at the raw material end was tight, and the prices of resources in the northwest region increased over the weekend. This week, the price of ethyl acetate remains firm, and production requires advance replenishment of goods.
Last week, the price of n-propyl acetate did not rise due to the inventory situation of manufacturers. Although the prices of raw materials have gradually increased since the beginning of the year, due to the downstream demand, the price of n-propyl acetate is temporarily stable but slightly weak. Factories can negotiate prices for sales, and this week it is running in a range, with replenishment mainly driven by rigid demand.
Last week, the price of n-butyl acetate gradually increased along with the rise of raw material prices. However, the auction of n-butanol by major factories stabilized over the weekend, and the premium situation decreased, which prevented the continuous price increase of n-butyl acetate. Currently, the inventory of factories in the North China region is low, and production is not normal, so the price is relatively firm. The prices of major factories in East China and Shandong Province have stabilized after an increase. Downstream customers are replenishing goods based on rigid demand. Attention should be paid to the situation of raw materials and equipment.
