Celanese raises butac price in Asia by $20/tonne for Feb – sources

06 February 2013 09:33  [Source: ICIS news]

MELBOURNE (ICIS)--US-based acetyls producer Celanese has increased its February price for butyl acetate (butac) by $20/tonne (€14.80/tonne) from January, regional buyers said on Wednesday.

The producer increased its benchmark Singapore ex-tank price for butac to $1,310/tonne ex-tank in February, from $1,290/tonne ex-tank in January, the buyers said.

For ethyl acetate (etac), Celanese's February price was reduced to $975/tonne ex-tank, from $980/tonne ex-tank in January, the buyers added.

Celanese’s production facility in Singapore has a combined etac/butac capacity of 100,000 tonnes/year.

($1 = €0.74)

By: Trisha Huang

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