1. **Mainstream Market Closing Prices from the Previous Period**
On the last trading day, the ethyl acetate market remained stable overall. As pre-holiday downstream stocking approached its end and feedstock acetic acid stopped declining to rebound, bearish sentiment in the market eased. However, uncertainties regarding feedstock supply/demand and the future market outlook persisted, prompting traders to maintain a cautious approach.
2. **Key Factors Influencing Current Market Price Changes**
**Cost:**
– **Acetic acid:** Unexpected production cuts at some facilities and planned maintenance in May have weakened bearish market sentiment, with increased buying inquiries from market participants. Prices are expected to remain stable with an upward trend in the near term.
– **Ethanol:** Recent price fluctuations may slow down. As maintenance or output reductions in Northeast China are likely to increase in May, although high-end prices fell this week, low-end prices showed signs of stabilization. In May, supply-side fluctuations may have a greater impact on prices; specific facility schedules should be monitored. In East China, price movements have slowed. Large-volume prices continued to decline due to pre-holiday sell-off, but small-volume prices remained relatively stable due to slowing long-distance trucking, limited price changes in Northeast China, and minor fluctuations in coal-based ethanol prices this week.
**Supply & Demand:**
Market supply remains relatively stable. Downstream pre-holiday stocking has largely concluded.
**Sentiment:**
With acetic acid prices temporarily halting their decline, bearish sentiment among market participants has weakened. However, based on supply and demand considerations, trading behavior remains cautious.
3. **Trend Forecast**
Driven by the stabilization and rebound in feedstock acetic acid prices, a growing number of market participants have begun locking in prices in advance. Nevertheless, on the last trading day before the holiday, the ethyl acetate market is expected to remain stable with limited fluctuations. According to today’s market survey, 20% of participants believe prices may see a slight uptick of about RMB 20/ton, while 80% expect prices to remain flat.
Post time: Apr-30-2026