ChemPriceHub, October 30:
On October 30, Jiangsu Lianhai Acetic Acid Biotechnology Co., Ltd. reported normal plant operations. The ex-factory price for ethyl acetate was quoted at RMB 6,900 per tonne, a decrease of RMB 50 per tonne. Raw material markets remained weak and consolidating, while downstream demand was limited to essential purchases. Market sentiment turned bearish, prompting the producer to lower its quotes. Actual transactions were primarily based on individual negotiations.
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