The price correlation of ethyl acetate
Ethyl acetate is an important product in the chemical industry. Its price trend is related to many factors. Let's discuss it today.
Looking at market supply and demand, this is the cardinal of the price of ethyl acetate. If the demand is strong, such as paints, inks, adhesives and other industries are booming, and the demand for ethyl acetate is thirsty, its price will rise. There is more demand for cover and less supply, and rare things are expensive. On the contrary, if the industry is sluggish, demand is weak, and supply exceeds demand, the price will fall. In the past, when the paint industry was sluggish, the absorption of ethyl acetate dropped sharply, causing its price to drop all the way.
Furthermore, the price of raw materials also affects the price of ethyl acetate. Acetic acid and ethanol are the raw materials for making ethyl acetate. If the price of the two rises, the production cost increases greatly, and the manufacturer must raise the price of ethyl acetate in order to ensure profits. If the price of acetic acid is high due to reduced production capacity, or ethanol is subject to fluctuations in grain prices, etc., ethyl acetate will become expensive.
Process technology and production capacity also affect the price. If the new process comes out, costs can be reduced and production capacity can be increased, the market supply will increase, and prices are expected to be stabilized. However, if the technology is stagnant, it will be difficult to expand production capacity, and the demand will gradually increase, and the price will also rise. In the past, a factory has a new method of efficient synthesis, the production capacity will be doubled, and the price of ethyl acetate around it will drop slightly.
Policies and regulations and the international situation should not be underestimated The tightening of environmental protection policies has increased the cost of pollution control by manufacturers, which may lead to price fluctuations. As a result of international trade frictions, tariffs have become easier, affecting imports and exports, and also affecting the price of ethyl acetate.
Overall, the change in the price of ethyl acetate is caused by the intertwining of factors such as supply and demand, raw materials, technology, and policies. The industry should have insight into its changes and evaluate the situation to respond to the volatility of the market.