April 21, 2024 - On April 21, Jiangsu Lianhai Acetic Acid Biotechnology Co., Ltd. operated normally, with the ex-warehouse price of ethyl acetate reported at 6,750 yuan/ton, a decrease of 150 yuan/ton. Market sentiment is bearish, and manufacturer quotations continue to decline, with actual transactions mainly negotiated. Chempricehub's analysis of ethyl acetate: Bull-bear score: -1. The ex-warehouse price of ethyl acetate has dropped by 150 yuan/ton to 6,750 yuan/ton, reflecting bearish market sentiment and a continued decline in manufacturer quotations. This indicates oversupply or weak demand in the spot market, putting pressure on prices. This bearish factor may intensify downstream procurement wait-and-see sentiment, and spot prices are likely to remain weak in the short term.