Butyl acetate

Ethyl Acetate Market Dynamics Report (Recent Commodity Market Intelligence)

I. Price Dynamics
- Recent Price Trends:
- From July 1 to July 15, 2026, ethyl acetate prices exhibited a slight downward fluctuation. The reference price stood at RMB 6,625.00 per ton on July 1, declined to RMB 6,575.00 per ton on July 2, further dropped to RMB 6,525.00 per ton on July 3, rebounded slightly to RMB 6,550.00 per ton on July 6, and subsequently stabilized.
- Throughout June, ethyl acetate prices trended weakly downward overall—from RMB 6,962.50 per ton on June 1 to RMB 6,650.00 per ton on June 30—a decline of 4.49%.

- Regional Price Disparities:
- In March 2025, the quoted price for 99.5% purity ethyl acetate was RMB 6,350 per ton, while national-standard 99.9% purity grade ranged between RMB 6,500–6,600 per ton. Price variations across regions and suppliers reflect differences in production costs, supply-demand balance, logistics expenses, and other factors.

II. Supply and Demand
- Supply Situation:
- Global ethyl acetate capacity totals approximately 1.93 million tons, with China accounting for 1.11 million tons—58% of global capacity—making it the world’s largest producer. Domestic capacity is concentrated primarily in Jiangsu, Guangdong, Shandong, and Guangxi provinces.
- In recent years, operational instability at production facilities in certain overseas regions has led to declining output. Meanwhile, China added 160,000 tons of new capacity post-2022; an additional 140,000 tons are expected to come online within the next two years, further increasing market supply.

- Demand Situation:
- China’s ethyl acetate demand reached 628,000 tons in 2024, indicating a substantial domestic market scale.
- Primary application areas include fragrance compounds, solvents, and extraction agents for flavorings and fragrances. Downstream sectors maintain steady demand for high-performance, low-pollution products.

III. Import and Export Trade
- Export Performance:
- Leveraging its large-scale production capacity and cost advantages, China’s ethyl acetate industry maintains robust export growth. Exports totaled 184,400 tons in 2024 and rose to 233,700 tons in 2025, with export value reaching USD 184 million.
- Key export destinations include Vietnam, Turkey, Belgium, Egypt, and South Korea. In 2025, these top five markets accounted for 44.40% of China’s total ethyl acetate exports. Vietnam remains China’s largest export market, though its share has slightly decreased.

- Import Performance:
- Global ethyl acetate import trade value amounted to USD 805 million in 2024, underscoring the product’s significant worldwide demand.

IV. Analysis and Assessment
- Causes of Price Volatility:
- Raw Material Price Fluctuations: Production costs for ethyl acetate are heavily influenced by acetic acid and n-butanol prices. Supply constraints or price increases in these raw materials directly impact production costs and consequently affect final product pricing.
- Supply-Demand Imbalance: Regional disparities in supply-demand conditions drive localized price variations—prices naturally rise in areas where demand outstrips supply.
- International Trade Environment: Changes in trade policies, tariff adjustments, and other international trade factors may also influence ethyl acetate export-import volumes and pricing.

- Market Trends:
- With continued domestic capacity expansion and growing export volumes, China’s ethyl acetate industry is poised to strengthen its position in the global market.
- Persistent downstream demand for high-performance, environmentally friendly products will continue driving industrial upgrading and technological innovation.

V. Outlook
- Price Forecast:
- In the short term, ethyl acetate prices are likely to remain subject to minor fluctuations, influenced by raw material costs, supply-demand dynamics, and international trade developments.
- Over the longer term, expanded domestic capacity and broader export market penetration may exert downward pressure on general-grade ethyl acetate prices. However, prices for premium, high-performance, low-pollution grades are expected to remain relatively stable—or even increase modestly.

- Market Forecast:
- China’s ethyl acetate industry is projected to sustain rapid growth, with export volumes expected to expand further.
- Industrial upgrading and technological innovation will serve as primary drivers of sectoral development, steering the industry toward higher-value-added products and applications.