**1. Previous Trading Day’s Closing Prices in the Mainstream Market**
Ethyl acetate operated steadily overall on the previous trading day. Due to a lack of clear market direction, downstream demand remained largely rigid, and traders adopted a cautious approach. In South China, prices saw a slight decline, influenced by supply-demand dynamics.
**2. Key Factors Influencing Current Market Price Changes**
**Cost:**
- **Acetic acid:** Operating rates in the acetic acid industry are below moderate levels, though overall producer inventories remain high. Some key downstream sectors are running at low rates, and spot market negotiation sentiment is moderate. The acetic acid market is expected to remain stable, though there is a possibility of a slight downward shift in negotiation ranges in some regions.
- **Ethanol:** Price fluctuations are expected to be limited across most regions. In Northeast China, the market may remain largely stable with minor adjustments, supported by production losses and declining output, making some producers reluctant to lower prices. A few factories with order intentions may flexibly adjust prices for spot sales. East China may see low-range operations. Truck freight costs from the Northeast have fallen, and coal-based ethanol prices remain low. Local product movement in East China is sluggish, and attention is on output fluctuations in Anhui in mid-month.
**Supply & Demand:**
Overall industry operating rates remain high, while downstream demand is tepid. A unit in Huizhou is planned for restart. The Lunan acetic acid ester unit is scheduled for maintenance around May 10–11 for approximately 20 days. Market participants are monitoring the implementation of this plan.
**3. Trend Forecast**
Looking ahead to today, cost-side support is limited, and downstream demand remains subdued. Prices are expected to continue their consolidation trend. In today’s market survey, 100% of participants expect prices to remain stable.
Post time: May-09-2026