April 16th News: On April 16th, Jiangsu Baichuan High-Tech Advanced Materials Co., Ltd. announced an ex-warehouse price of ethyl acetate at 7,000 yuan/ton, representing a decrease of 100 yuan/ton. Market sentiment remains bearish, and corporate quotations continue to be lowered, with actual transactions subject to negotiation. Note: The above prices include taxes.
Chempricehub Analysis of Ethyl Acetate, Bull-Bear Score: -1
The article reports that the spot price of ethyl acetate has decreased by 100 yuan/ton to 7,000 yuan/ton, with market sentiment turning bearish and corporate quotations continuing to decline, reflecting pressures from weak demand or oversupply. This may lead to further downward pressure on spot prices, warranting a generally bearish score.
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