April 15th, 2024 - The butyl acetate market in East China experienced a weak downward trend on April 15th, with the ex-factory price of enterprises hovering around 7,975 RMB/ton, representing a decrease of 85 RMB/ton. Market sentiment remained subdued, and butyl acetate quotations continued to decline, with actual transactions subject to negotiation.

Chempricehub's analysis of butyl acetate assigns a bearish score of -1. The article indicates that the ex-factory price of butyl acetate in East China decreased by 85 RMB/ton to 7,975 RMB/ton, with weak market sentiment and continued downward adjustments in quotations. This suggests insufficient demand and increasing supply pressure, exerting a generally bearish impact on spot prices. The price decline reflects sluggish market transactions, with actual negotiations being the primary mode of trading. It is anticipated that spot prices may continue to face downward pressure in the short term.