March 12th — On March 12th, the market price of ethyl acetate in East China declined, with the ex-factory price of enterprises hovering around 6,225 yuan per ton, down by 50 yuan per ton. Market sentiment weakened, and enterprise quotations fell. Chempricehub’s analysis of ethyl acetate shows a bearish score of -1. The spot price of ethyl acetate dropped by 50 yuan per ton to 6,225 yuan per ton, reflecting a weakening market atmosphere, indicating oversupply or weak demand, which exerts downward pressure on spot prices. The downward adjustment in enterprise quotations reflects increasing short-term market pressure, which may dampen purchasing enthusiasm. It is expected that prices will continue to face downward pressure.