Ethyl acetate saw its main plants in Shandong undergo shutdown maintenance this week. Initial auction activities at the beginning of the week were favorable, but as supply of ethyl acetate became sufficient in various regions, the positive momentum failed to sustain, resulting in a weak and stable price trend, with moderate downstream demand. However, given the relatively firm raw material prices, the procurement risk at present is not high, and it is advisable to replenish stock based on actual needs.
At the beginning of this week, n-propyl acetate factories in various regions faced high inventory pressure and subsequently lowered prices to boost sales, achieving some positive results. Starting from Friday, as raw material n-propyl alcohol began to rise, it drove a slight increase in n-propyl acetate prices. It is anticipated that there will be a steady and slightly upward trend next week, and it is recommended to make purchases in advance at lower price levels.
The shutdown maintenance of the main n-butyl acetate plant in Shandong had little impact on the market. Moreover, with raw material n-butyl alcohol performing steadily without significant positive support, the n-butyl acetate market remained weak, reverting to previous price levels. Replenishment based on actual needs is recommended.
