This week, in the Central China region, the ethyl acetate production facilities underwent a unit switchover, halting the production of ethyl esters. This supply-side dynamic has led to an increase in auction premiums for ethyl esters in the North China region and price hikes by other major manufacturers. Currently, the ethyl ester market is stabilized, and with inventory levels being low at major manufacturers, prices remain relatively firm. It is expected that ethyl ester prices will experience a minor but steady increase.
As for acetic acid n-propyl ester, adjustments are gradually being made in tandem with the decline in raw material propyl alcohol prices. Currently, the operations of major manufacturing facilities are normal, and the production facility of a major manufacturer in East China has resumed. It is anticipated that the market will experience a minor but stable decline. Entering December, the packaging and color printing industries will see relatively stronger demand, prompting downstream rigid demand procurement.
Regarding N-butyl Acetate ester, market intelligence indicates that Shandong is expected to introduce new production capacity later this month, further dampening the upward trend in n-butyl ester prices. The market is expected to remain stable, and close attention should be paid to the operational dynamics of manufacturing facilities.
