Bactoacetate prices continue to fall as traders continue to look bearish

Recently, domestic ethyl acetate manufacturers are under low cost due to cost pressures. At present, the downstream manufacturers in southern China have started to reduce, demand has decreased, and the factory price has dropped. The mainstream quoted price of manufacturers is 8,200 to 8,300 yuan (t price, the same below). Market sentiment in East China was very light, and manufacturers shipped poorly. However, due to the decrease in overall operating rate, the pressure on market resources was not significant, and suppliers’ prices were stable, but the downstream users’ intentional delivery prices were low, resulting in less effective transactions. The mainstream market price is 8250-8350 yuan.
Jiangsu manufacturers offer 7900 to 8,000 yuan; Shanghai manufacturers offer 7,800 yuan; Shandong offer 7800 to 7900 yuan; Jiangxi Lujiang regional device starts lower, manufacturers send customers to the general price of 8,200 yuan, contract users lower; Changzhou Regional manufacturers offer 8,000 to 8,100 yuan, sales are slow; Shanxi region manufacturers offer 7900 yuan, shipping is not smooth; Zhejiang market mainstream price of 7900 to 8000 yuan, traders continue to bearish outlook.
In addition, the domestic ex-factory price of butyl acetate is substantially reduced again by the impact of a sharp drop in raw material prices. Since most manufacturers are under heavy pressure due to production costs and the operating rate is low, the market supply has decreased, but the weak transaction situation has caused difficulties for manufacturers to ship.
The price of acetic acid and butanol fell sharply in recent East China, and the market price was in the range of RMB 10,200 to RMB 10,400. The market supply in South China was not very high, sales were very sluggish, prices fell, and traders believe that they will continue to fall in the later period. Currently, the mainstream market price is 10600 to 10,700 yuan.
At present, Shanghai manufacturers offer 10200 to 10,300 yuan, the actual turnover is slightly lower; Shandong manufacturers offer 10,300 to 10,400 yuan; Jiangsu manufacturers offer 10,200 yuan, a large amount of lower delivery prices, inventory pressure is greater; Ningbo market price is 10,300 ~ 10,400 yuan; Changzhou area manufacturers offer 10,200 ~ 10,400 yuan; Guangdong Jiangmen manufacturers offer 10,700 ~ 10,800 yuan; Guangdong, Shunde manufacturers offer 10,800 yuan; Guangzhou manufacturers offer 10,700 yuan.

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