Europe butac market remains largely stable

04 April 2014 20:07  [Source: ICIS news]

LONDON--Despite some European butyl acetate (butac) producers targeting April price hikes on the back of higher feedstock costs, conditions and prices remain mostly steady this week, sources said on Friday.

One producer that targeted an increase of €30/tonne said that “demand hasn't been there enough. We targeted an increase but it [prices] stayed flat.”

“They're trying to increase [prices] a bit,” a distributor said. “Demand is flat. [Prices are] more or less where they were last week.” 

However, one butac producer said it managed to achieve a €10/tonne increase, having originally targeted an increase of €30/tonne.

By: Jo Pitches
+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