According to the monitoring data of the business community, the market of ethyl acetate in 2020 will be ups and downs, and the market price will be greatly affected by the production cost. At the beginning of 2020, the average price in East China was about 5900 yuan / ton, and it rose to about 7075 yuan / ton at the end of the year, with an overall increase of 19.92%; the lowest price in the year was 4887 yuan / ton in early April, and the highest price in the year was about 7600 yuan / ton in mid December, with an overall amplitude of 55.5%.

In the first stage, the market of ethyl acetate fluctuated downward, with an average price of 5900 yuan / ton at the beginning of the year and 4887 yuan / ton at the beginning of April, with an overall decrease of 17.16%. Affected by the international health events, the domestic ethyl acetate market continued to be weak, the terminal demand was low, the enterprise shipment was not smooth, and the prices of raw materials were falling in succession, the cost side support was insufficient, the ethyl acetate enterprise bidding was fierce, and the manufacturer sharply reduced the quotation, which led to the aggravation of the market.

In the second stage, the market of ethyl acetate continued to rise, with an average price of 4887 yuan / ton in early April and 7600 yuan / ton in mid December, an overall increase of 55.5%. The rise of raw material acetic acid and ethanol prices and the overhaul of some ethyl acetate enterprises are supported by the superposition of double positive factors. In addition, the purchase intention in the downstream market is gradually active. The quotation of enterprises in East China and North China has been pushed up, and some enterprises have continuously raised their quotation in a single day. Affected by the slow shipping and arrival in South China, the market supply is tight, and the enterprises are willing to support the price After the completion of the maintenance and repair of acetic acid and ethyl acetate, the price of acetic acid no longer fell to a high level.

By comparing the prices of ethyl acetate, acetic acid and ethanol, it is found that the rising and falling trend of ethyl acetate Market in 2020 is closely related to the price change of raw materials. As the downstream end market is affected by international health events, the overall performance of ethyl acetate market demand side is relatively stable, so the dominant factor of ethyl acetate price change during the year is cost. In the first three quarters, the acetic acid market fluctuated at a low level. In the fourth quarter, affected by the strong domestic demand, the price of acetic acid rose sharply, breaking through the 5000 mark. On January 1, the average price of domestic acetic acid was about 2483 yuan / ton, which rose to 4666 yuan / ton at the end of the year, with an increase of 87.92%. The lowest price of the year was about 2033 yuan / ton in early April, and the highest price of the year was about 4733 yuan / ton in mid December, with an overall amplitude of 132.79%. The overall ethanol market fluctuated and went up. In the first quarter, the market continued to fall due to poor demand. Since the beginning of April, due to the high price of raw material corn and enterprise maintenance and other factors, the price of ethanol market has been going up for three consecutive quarters. The average price at the beginning of the year is about 5520 yuan / ton, and the average price at the end of the year is about 6987 yuan / ton, with an increase of 26.16%. The lowest price is about 5200 yuan / ton, and the highest price is 6 987 yuan / ton, the overall amplitude is 33.92%.

Ethyl acetate analysts of business news agency believe that the domestic ethyl acetate Market Trend in 2020 is mainly dominated by the cost side. At present, the spot supply of ethyl acetate Market is stable, the downstream market is poor in receiving goods, many zero star and small order transactions, and the market is bearish. In addition, the price of raw material acetic acid continues to decline, and the cost side is no longer supported, which aggravates the bearish atmosphere of the market. It is expected that the price of vinegar in a short time Ethyl acetate Market was weak and declined.