January 16th News On January 16th, Yankuang Guotai Chemical Co., Ltd. maintained normal operations for ethyl acetate, with the price reduced by 20 yuan/ton to 5,590 yuan/ton. The company's plant capacity is 400,000 tons. Upstream acetic acid market remains strong, leading to significant cost pressure. Downstream demand follows on an as-needed basis, and the company's shipments are average. Ethyl acetate prices are consolidating and trending downward. Note: The above prices are inclusive of tax. Chempricehub Analysis Ethyl Acetate, Bull-Bear Score: -1 The article indicates that the price of ethyl acetate has decreased by 20 yuan/ton to 5,590 yuan/ton, showing a consolidation and downward trend. The strong upstream acetic acid market has increased cost pressure, but downstream demand follows on an as-needed basis, and the company's shipments are average. The risk of oversupply is intensifying, which is bearish for spot prices. A score of -1 (generally bearish) reflects the short-term price pressure trend. Acetic Acid, Bull-Bear Score: 1 The article points out that the upstream acetic acid market is strong, leading to significant cost pressure, indicating that acetic acid spot prices are in an upward trend, which is favorable for acetic acid producers. This trend may stem from tight supply or demand support, driving the upward movement of acetic acid spot prices. A score of +1 (generally bullish) is based on the current strong market conditions.