Last week, following the resumption of major factories in Henan, market supply increased slightly. Factories fulfilled contracts as scheduled, with ethyl acetate prices relatively lower than those of Shandong factories, exerting a certain influence on the market. In Shandong, auction transactions were generally moderate at the beginning of the week, but as downstream demand emerged, prices stabilized. Prices in East China remained relatively stable, and this week is expected to see a slight weakening, with focus on changes in raw materials such as acetic acid and ethanol, and rigid demand replenishment.
Currently, the market for n-propyl acetate is stable. Factories in East China and Shandong have experienced generally moderate shipments, with high inventory levels and persistently high production costs. The market for n-propanol, a raw material, remains firm. Factories can offer slight discounts but focus on rigid demand replenishment.
Last week, n-butyl acetate prices rebounded following the trend of its raw material n-butanol but subsequently retreated. Factories in North China have low inventory levels. The market in Shandong remains stable, and prices in East China have fluctuated minimally. It is expected that prices will remain relatively stable this week.
