SunSirs: The Market of EA and Butyl Acetate Changed Little after the Holiday

https://www.chemnet.com   Jan 31,2023 SunSirs

　　After the holiday, the domestic EA market remained stable. Recently, the market was still relatively cold and there were few market entries. The trading range was within the range of 50 RMB/ton. The EA market had gradually declined, the quotations of large factories had stabilized after the holiday, and Shandong's main large factories shipped in retail and still showed insufficient confidence in the auction. For raw materials, the price of acetic acid rose after the festival, and the cost was good. In the later stage, there may be conduction effect, and EA may increase. It is suggested to pay attention to the start-up of raw material acetic acid and EA manufacturers. As of the 30th, the mainstream market transaction price was 6,800-7,000 RMB/ton.

　　The butyl acetate market rose slightly, the operating rate of enterprises was low, the raw material acetic acid rose, and the downstream replenishment led to the rise of the price of butyl acetate. It is expected that the market may still have room to rise. It is suggested to pay attention to the start-up of raw material acetic acid, n-butanol and butyl acetate manufacturers. As of the 30th, the mainstream market transaction price was between 7,500-7,800 RMB/ton.

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