Last week, downstream buyers of ethyl acetate products were quite active in stocking up. Due to inventory pressure, manufacturers did not raise the ex-factory prices. The major factories in Shandong maintained a stable starting bid price and achieved daily premium transactions, effectively regulating inventory pressure. The peripheral factories had low inventories and were generally scheduled for shipment. It is expected that with the slowdown in downstream restocking this week, the premium situation will ease.
Last week, the factories of n-propyl acetate had smooth shipments and no inventory pressure. The factories in East China were scheduled to ship until around the 20th of this month. The active downstream restocking drove up the price of raw material n-propanol. It is expected that n-propyl acetate will remain stable with a slight upward adjustment this week, and the factories have no inventory pressure. Last week, the market for n-butyl acetate was stable, and the factory quotations changed little. Real orders could be negotiated. The performance of raw material butanol was average and did not support the price of n-butyl acetate. It is expected that the market for n-butyl acetate will remain stable this week, and the factories will ship according to the schedule.
