According to the monitoring of the bulk data of the business agency, the ethyl acetate Market in November continued to rise due to the high cost pressure and supply decline. As of November 30, the average price of enterprises in East China was about 6832 yuan / ton, up 3.8% compared with the beginning of the month.

Affected by the high price operation of raw materials acetic acid and ethanol, the production cost of ethyl acetate is high. In the middle of the year, some enterprises have reduced their negative operation, resulting in tight supply of goods in the market. The price of ethyl acetate is strong supported by the double advantages. The downstream market mainly purchases the rigid demand, which conflicts with the high price of ethyl acetate, and the game atmosphere between supply and demand in the industry is becoming stronger. At present, it is about 6900 yuan / ton in East China, 6750 yuan / ton in North China and 7400 yuan / ton in South China.

In terms of raw materials, the acetic acid market continued to rise, domestic demand and export were supported by two-way favorable factors. In addition, the short-term suspension of some enterprises in North China intensified the market supply tension, and multiple favorable factors promoted the continuous rise of acetic acid price. The ethanol market is running at a high level, and the quotation is stable. The downstream just needs to purchase, and some enterprises stop. The overall stock of the market is low. At present, the ethanol in East China is about 6925 yuan / ton.

The international market price of ethyl acetate has been rising steadily. The port price in European market is about 1400-1500 euro / ton, and that in North America is about 760 US dollars / ton.

According to the analysts of ethyl acetate of business club, the current supply of ethyl acetate Market is gradually recovering. In order to prevent excessive stock pressure in the future market, the enterprise has a good intention to ship goods. Due to the high cost side, the enterprise has obvious intention of supporting price. It is expected that the ethyl acetate Market will remain high and strong in a short period of time.