January 29th News On January 29th, Yankuang Guotai Chemical Co., Ltd. maintained normal operations for ethyl acetate. The price of ethyl acetate was reduced by 30 yuan/ton, with the current quotation at 5,580 yuan/ton. The manufacturer's production capacity is 400,000 tons. Upstream acetic acid prices experienced a partial decline, while downstream demand remained primarily need-based. The company's shipments were moderate, leading to a downward adjustment in ethyl acetate prices. Note: The above prices are inclusive of tax. Chempricehub Analysis of Ethyl Acetate Bull-Bear Score: -1 The article indicates that the price of ethyl acetate decreased by 30 yuan/ton to 5,580 yuan/ton. The partial decline in upstream acetic acid prices weakened production cost support. Downstream demand remained need-based, and the company's shipments were moderate. Market supply was sufficient, but procurement activity was sluggish, resulting in a downward price adjustment. This suggests that the spot market is facing pressure from supply-demand imbalance, with both the cost and demand sides being bearish. The score is generally bearish (-1).