Analysis of the Downward Price Adjustment of Ethyl Acetate in the Domestic Market on October 21

Chempricehub, October 21:

On October 21, Jiangsu Lianhai Acetic Acid Biotechnology Co., Ltd. maintained normal operations. The ex-warehouse price of ethyl acetate was quoted at RMB 6,850 per tonne, reflecting a decrease of RMB 150 per tonne. With raw material prices trending downward and downstream demand weakening, market sentiment remained bearish. Consequently, the producer adjusted its quotation lower amid weak conditions, with actual transactions primarily conducted through bilateral negotiations.