March 3rd News
On March 3rd, Jiangsu Lianhai Acetic Acid Biotechnology Co., Ltd. operated normally. The ex-warehouse price of ethyl acetate was reported at 5,200 yuan/ton, representing an increase of 100 yuan/ton. The manufacturer primarily supplies based on demand.
Chempricehub Analysis of Ethyl Acetate
Bull-Bear Score: 1.5
The article reports that Jiangsu Lianhai Acetic Acid Biotechnology Co., Ltd. raised the ex-warehouse price of ethyl acetate by 100 yuan/ton to 5,200 yuan/ton, with the manufacturer supplying based on demand. This indicates tight supply or increased demand in the spot market, which is favorable for spot prices. It is expected that prices may continue to rise in the short term.
Score: +1.5, as the significant price increase reflects positive market signals, though it is not influenced by major events.