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Ethyl acetate in East China, affected by plant maintenance, some enterprises have slightly raised prices. In South China, the market is in a wait-and-see mood with insufficient demand support. In North China, tight supply has pushed up prices.
Capacity utilization rate: Last week, the capacity utilization rate of ethyl acetate was 45.53%, down 1.64 percentage points from the previous week, mainly due to plant maintenance and weak demand. In 2025, 480,000 tons of new capacity is planned to be added, but the commissioning progress has been delayed by sluggish market conditions, with some plants postponing start-ups.
Demand-wise, traditional sectors such as coatings and printing inks remain weak, with downstream procurement mainly based on rigid demand and high price sensitivity. Ethyl acetate exports continue to perform well, with single-month export volume in February 2025 hitting a ten-year high .
The ethyl acetate market is characterized by regional differentiation, cost support, and weak demand coexisting. Prices have risen slightly, but the overall market still faces pressure from overcapacity, with exports serving as the main growth driver.
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