Europe Sep acrylate esters prices rise on higher propylene costs

18 September 2013 23:59  [Source: ICIS news]

LONDON (ICIS)--European September acrylate esters contract prices have risen from the previous month, on higher feedstock costs, sources said on Wednesday.

Prices have risen by €10-50/tonne ($13-67/tonne), depending on ester and on starting point. Acrylate esters include methyl acrylate (methyl-A), ethyl acrylate (ethyl-A), butyl acrylate (butyl-A) and 2-ethyl hexyl acrylate (2-EHA).

Demand is steady and butyl-A availability has eased slightly in recent weeks, but August and September propylene prices have added upward pressure to the market.

Butyl-A contract prices saw firmer hikes because of limited availability. Butyl-A supply is limited, owing to the sales control in place at BASF's 110,000 tonne/year Ludwigshafen facility in Germany.

Players along the supply chain have been struggling with squeezed margins this year, amid poor macroeconomic conditions.

The September feedstock propylene contract price rose by €60/tonne.

AA and its esters are used in the manufacture of various plastics, coatings, adhesives and elastomers, as well as floor polishes and paints.

Follow me on Twitter

($1 = €0.75)


By: Helena Strathearn
+44 208 652 3214



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index