Chempricehub, October 21 —
On October 21, Jiangsu Lianhai Acetic Acid Biotechnology Co., Ltd. reported normal plant operations. The ex-warehouse price of ethyl acetate was quoted at CNY 6,850/ton, a decrease of CNY 150/ton. With raw material prices trending downward and downstream demand weakening, market sentiment turned bearish. Consequently, the producer lowered its offer prices modestly, while actual transactions were primarily conducted through negotiation.
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