What are the recent price trends for 2-Ethoxyethyl acetate in China's coatings solvent market?
Market monitoring data from December shows CAC prices remained stable while neighboring solvents moved sharply. In the week of December 22, MIBK surged 1,200-1,300 yuan/ton to 14,000-14,200 yuan/ton in East China, while toluene, xylene, n-butanol, and butyl acetate all rose. CAC and PMA held steady, reflecting balanced supply-demand dynamics and limited speculative activity. The previous week (December 15), CAC also showed no change despite MMA and ethylene glycol butyl ether posting gains. This stability suggests CAC's production capacity aligns with downstream coatings demand, and its price is less influenced by feedstock swings than ketones or aromatics. Buyers can expect predictable procurement costs, though sustained upstream ethylene glycol price increases may eventually pressure margins.
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