This week (3.20-24), the butyl acetate market slightly declined, with the trading center moving down by 100 yuan or more compared to the previous week. According to the monitoring of the business news agency, the weekly decline of butyl acetate was 1.01%. The cost side is affected by the weakness of acetic acid and the weak balance between supply and demand side.

Market analysis: This week, the quotations of large factories are mainly stable, the operating rate of enterprises is low, and the supply and demand maintain a weak balance. The raw material acetic acid did not improve, and the price remained unchanged this week; The price of n-butanol, another raw material, rose by 1.78% per week. The cost of butyl ester was mixed, and the overall price was mostly suppressed by the negative effects of upstream products. In addition, downstream purchases are often made on demand, and manufacturers often use them as needed, making it difficult to increase the volume of transactions. However, the operating rate of the butyl acetate industry remained low, generally below 40%, and limited supply also supported prices.

Future Forecast: It is expected that the butyl ester market may maintain a weak and volatile pattern. It is recommended to pay attention to the start-up status of raw material acetic acid, n-butanol, and butyl acetate manufacturers. Currently, the mainstream transaction price in the market is between 7200-7400 yuan/ton.