ChemPriceHub, October 16
On October 16, the ethyl acetate market in North China continued to trend weakly. Factory-gate prices hovered around RMB 6,650/tonne, reflecting a downward adjustment of RMB 35/tonne. With rising operating rates for ethyl acetate production and increasing resistance from downstream buyers to higher prices, shipment volumes remained moderate. Market sentiment was bearish, leading producers to maintain their price reductions, with actual transactions subject to negotiation.
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