Last week, ethyl ester prices in the regional market experienced consecutive declines, approaching the previous low. Based on transaction data, ethyl ester has entered a stabilized phase after the price drop. Especially after the leading factory in Shandong adjusted its starting bid price, it has achieved production-sales balance and gradually reduced inventory. With the factory’s maintenance schedule postponed to early April, the ethyl ester market is expected to remain stable this week. Close attention should be paid to the shipment performance of major factories for just-in-need restocking.
Influenced by new capacity additions at major factories, n-butyl ester saw factories prioritizing sales last week, with prices returning to previous lows. This week’s confirmed normal shipment of new capacity is projected to suppress prices in Shandong and North China markets. Key focus should be placed on production facility adjustments following price reductions. If all facilities maintain normal operating rates, n-butyl ester prices are expected to trend weakly this week amid increased supply. It is advisable to grasp timing for essential restocking.
