April 20th News — On April 20th, the ethyl acetate market in North China showed a weak downward trend, with ex-factory prices around 6,220 RMB/ton, down by 150 RMB/ton. Market sentiment remained bearish, and the transaction focus continued to decline. Chempricehub's analysis of ethyl acetate gave a bearish score of -2. The article indicates that the spot price of ethyl acetate dropped significantly by 150 RMB/ton to around 6,220 RMB/ton, with bearish market sentiment and a continuous decline in transaction focus, suggesting weak demand, oversupply, or increased inventory pressure in North China. This weak market condition may be driven by insufficient end-user demand or intensified competition. It is expected that spot prices may face further downward pressure in the short term, and investors are advised to monitor inventory changes and demand recovery.
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