US February butyl acetate exports flat year over year

09 April 2009 21:32  [Source: ICIS news]

HOUSTON (ICIS news)--US February exports of butyl acetate (butac) were flat, down about 2% to 4,515 tonnes compared with 4,584 tonnes in the same month a year ago, according to data the US International Trade Commission (ITC) released on Thursday.

February butac exports zoomed up more than 156% from only 1,761 tonnes in January, the ITC said. Mexico, India and Brazil were the top three export destinations, accounting for 2,851 tonnes, or more than 63% of total shipments.

US butac exports declined 27% in the first two months this year, totalling 6,276 tonnes, compared with 8,626 tonnes in the same period of 2008.

US Gulf coast export prices for butac ranged from 60-64 cents/lb ($1,323-1,411/tonne or €1,005-1,072/tonne) over the past month, according to global chemical market intelligence service ICIS pricing.

Major US butac producers include Dow Chemical, Eastman Chemical and Oxea Group.

($1 = €0.76)

For more on butyl acetate visit ICIS chemical intelligence
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By: Lane Kelley
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