March 5th News: On March 5th, Jiangsu Baichuan High-Tech Advanced Materials Co., Ltd. announced an increase in the ex-warehouse price of ethyl acetate by 200 yuan/ton to 5,800 yuan/ton (tax-included), with actual transactions subject to negotiation. Note: The above price is tax-inclusive.
Chempricehub Analysis of Ethyl Acetate, Bull-Bear Score: 2
Jiangsu Baichuan High-Tech has raised the ex-warehouse price of ethyl acetate by 200 yuan/ton to 5,800 yuan/ton (tax-included), indicating tightening market supply or strengthening demand, which constitutes a significant positive factor for spot prices. The notable price increase (approximately 3.6%) may be driven by rising raw material costs or downstream demand. It is expected that the spot market will remain at high levels or continue to rise in the short term. Although actual transactions are negotiable, the overall trend is bullish.