The market price of ethyl acetate has shown a rebound recently. According to one of the reference indicators, China Offshore Price, the current price is between US$1,080 per ton. The price in February is between 1,060 US$. After entering April, due to Demand fell, stocks rose, and prices fell all the way to around $1020. However, since May, the price of ethyl acetate has rebounded again due to rising prices of raw material acetic acid.
At present, due to cost pressures, Japan's major ethyl acetate importers have already raised the price of ethyl acetate shipments. The price increase ranged from 5,000 to 10,000 yen per ton. Meanwhile, domestic ethyl acetate manufacturers are also preparing to increase the shipping prices. The current price adjustment is under negotiation.
Ethyl acetate is also called ethyl acetate. Pure ethyl acetate is a colorless, transparent liquid with a pungent odor. It is a versatile fine chemical product with excellent solubility, fast drying, and wide range of uses. A very important organic chemical raw material and excellent industrial solvent, are widely used in the production of acetate fiber, ethyl fiber, chlorinated rubber, vinyl resin, acetate fiber resin, synthetic rubber, paint and paint.
Ethyl acetate as an industrial solvent for coatings, adhesives, ethyl cellulose, artificial leather, linoleum colorants, rayon and other products. Used as a binder for the production of printing inks, artificial pearls. As an extractant For the production of pharmaceuticals, organic acids and other products.