April 27 News – On April 27, Yankuang Cathay Coal Chemicals Co., Ltd. (Yankuang Guotai Chemical Co., Ltd.) reported normal operations of its ethyl acetate unit, with a current quoted price of 6,550 RMB per ton, reflecting a decrease of 100 RMB per ton. Actual transactions are subject to negotiation. The plant has an annual production capacity of 400,000 tons. Note: The above price is inclusive of tax.

Chempricehub analysis of ethyl acetate: Bullish/Bearish score: -1
The spot price of ethyl acetate has been reduced by 100 RMB per ton to 6,550 RMB per ton. The manufacturer’s unit is operating normally with a production capacity of 400,000 tons, indicating stable supply. The price reduction reflects weak market demand or oversupply. Actual transactions are subject to negotiation, suggesting increased bargaining power for buyers, which exerts bearish pressure on spot prices. The score of -1 indicates a generally bearish sentiment, as the price cut is moderate and not an extreme event, though it may dampen short-term price recovery.