May 19 News
On May 19, Jiangsu Lianhai Acetic Acid Biotechnology Co., Ltd. operated at normal production levels. The ex-factory price of ethyl acetate was reported at 6,150 RMB per metric ton, representing a decrease of 150 RMB per metric ton. Market sentiment remained subdued, with the manufacturer lowering its quotation. Actual transactions were subject to negotiation, leading to a generally bearish impact on spot prices.
Chempricehub Evaluation of Ethyl Acetate
Bullish/Bearish Rating: -1
On the spot market, Jiangsu Lianhai Acetic Acid Biotechnology Co., Ltd. operated at normal production levels on May 19. The ex-factory price of ethyl acetate stood at 6,150 RMB per metric ton, down 150 RMB per metric ton. Current market sentiment was lukewarm, and the manufacturer’s quoted price declined. Actual transactions were conducted mainly through negotiation, exerting a moderately bearish influence on the spot price of ethyl acetate.
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