According to the Commodity Market Analysis System of Shengyi Society, the domestic price of ethyl acetate slightly decreased on December 31st, with a factory price of 5746.67 yuan/ton, a decrease of 0.17% compared to the previous trading day. The cost support is still acceptable, with downstream demand as the main factor. The mentality of supplier enterprises is poor, and the price of ethyl acetate has been adjusted downward.

Market analysis: Ethyl acetate has experienced a narrow downward trend. On the raw material side, the price of acetic acid is stable but slightly strong, with good cost support; On the demand side, downstream enthusiasm is not high, following up on market entry as needed, and the market trading atmosphere is average; Some factories have a poor mentality and limited shipments, resulting in a slight decrease in the price of ethyl ester based on inventory.

In the future, the market for ethyl acetate raw materials is relatively strong, with strong upward momentum. The supply side and manufacturers have different shipments, and sales pressure still exists. The downstream mentality is wait-and-see, and demand for purchasing is weak, resulting in a market supply-demand game. It is expected that the price of ethyl acetate will remain stable and operate after the holiday. Specific attention should be paid to changes in the upstream market and downstream follow-up.