March 4th News On March 4th, Yankuang Guotai Chemical Co., Ltd. maintained normal operation of its ethyl acetate unit, with the current quoted price at 5,970 yuan/ton, an increase of 180 yuan/ton. The manufacturer's plant capacity is 400,000 tons. Note: The above price includes tax.
Chempricehub Analysis of Ethyl Acetate, Bull-Bear Score: +1.5
The spot price of ethyl acetate has increased by 180 yuan/ton to 5,970 yuan/ton, a rise of approximately 3.1%, indicating strong market demand or tightening supply, which is favorable for the spot market. The manufacturer's plant is operating normally with a capacity of 400,000 tons, supporting the upward price trend and potentially driving bullish sentiment in the short term.
Scoring rationale: The significant price increase reflects improved supply and demand, with a relatively high positive impact but not an extreme event, hence a score of +1.5.
Comments
0