According to the monitoring of the bulk data of the business agency, affected by the weak demand in the downstream market, the ethyl acetate Market has risen at a high level. As of December 18, the average price of enterprises in East China was about 7375 yuan / ton, down 1.34% compared with the beginning of the week and 7.94% higher than that at the beginning of the month.

This week, the domestic ethyl acetate Market is weak, the spot supply is stable, the downstream market is not receiving goods well, many and zero star small single transactions, the market bearish mentality is obvious, in addition, the raw material acetic acid price continues to decline, the cost side is good support no longer, aggravate the market bearish atmosphere. At present, it is about 7400 yuan / ton in East China, 720 yuan / ton in North China and 7700 yuan / ton in South China.

In terms of raw materials, the acetic acid market is weak and downward, and the market supply is still tight. However, the downstream market mainly digests the early contract, which obviously conflicts with the high price of acetic acid. The maintenance of Yankuang plant near the weekend can alleviate the market weakness to a certain extent. The ethanol market has been adjusted in a volatile way, some enterprises have been overhauled, and the supply side has been well supported. The price of raw material corn continues to be high. The demand for downstream liquor is mainly from rigid demand. At present, ethanol in East China is about 6962 yuan / ton.

The international market price of ethyl acetate fluctuated and adjusted. At present, the port price in European market is about 1350-1520 euro / ton, and the port price in North American market is about 780 US dollars / ton.

According to the analysts of ethyl acetate of the business club, the current domestic ethyl acetate enterprises are in poor shipment situation, and they are forced to reduce the price of goods to prevent the excessive stock pressure in the future market. However, the recent decline in the price of acetic acid has led to insufficient support at the cost side, and the industry is obviously bearish. It is expected that the ethyl acetate Market will run in a weak position in a short period of time.