The butyl acetate market fell

Drying equipment

The butyl acetate market in east China has a low atmosphere and prices have gradually dropped. Affected by the weakness of the upstream raw material markets and the difficulty in boosting downstream demand, market confidence declined, buyers left the market, traders shipped poorly, prices fell significantly, and the mainstream cans were priced at 9,000-9,200 yuan/ton.

The butyl acetate market in South China was weak and fluctuated, and the price fell slightly. The atmosphere of market talks was light, the cash supply was relatively sufficient, the lack of upstream raw materials boosted, buyers’ intention to accept goods declined, traders temporarily waited and watched, quotation was slightly lowered, and mainstream cans were quoted at RMB 9200-9300/t.

The market of butyl acetate in North China was very weak and the prices fell steadily. The downstream demand was very weak. Buyers purchased on demand, the trading volume was low, and the stock of the market rose. Traders had difficulties in shipping, and the quotation was lowered. The mainstream cans were quoted at 9,000-9,200 yuan/ton.

Market Overview: Domestic acetate market was poorly negotiated and prices fell last week. Among them, ethyl acetate oscillated weaker. The domestic ethyl acetate plant started as a whole and the inventory of manufacturers increased. The supply of goods in the market was sufficient, and the downstream demand was difficult to accept. The market price in the later period continued to fall; the field weakness did not change. The decline in the raw material market caused the cost of butyl acetate to lose support. Traders' confidence in expectations declined, and sellers had a clear intention of shipping. The short-term focus of the butyl acetate market continued to decline.

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