January 16th Update: On January 16th, Jiangsu Lianhai Acetic Acid Biotechnology Co., Ltd. maintained normal production operations. The price of ethyl acetate was reduced by 50 yuan/ton, with the ex-warehouse price reported at 5,150 yuan/ton. The manufacturer's shipment situation was acceptable. Upstream acetic acid market conditions were strong, leading to significant cost pressures. Downstream demand for ethyl acetate remained moderate, and enterprise shipments were relatively weak. The ethyl acetate market trend was consolidating with a downward bias. Chempricehub Analysis: Ethyl Acetate, Bull-Bear Score: -1.5 The article notes that the price of ethyl acetate decreased by 50 yuan/ton to 5,150 yuan/ton, with weak enterprise shipments and sluggish downstream demand. Additionally, significant cost pressures contributed to the market's consolidation and downward trend. This reflects bearish factors such as ample supply but insufficient demand in the spot market. The price decline was moderate, and considering the enterprise shipment situation, the rating is -1.5 (between generally bearish and significantly bearish). Acetic Acid, Bull-Bear Score: +1 The article mentions that the acetic acid market is strong, and as an upstream raw material for ethyl acetate, cost pressures have increased significantly, indicating a robust upward trend in acetic acid spot prices. This is favorable for the acetic acid market, although specific price change data were not directly provided. Based on the description of strong market conditions, the rating is +1 (generally bullish).