Butyl acetate Prices, markets & analysis
For those looking to keep abreast of the global Butyl acetate market, our independent, unbiased pricing information, news and market analysis is an invaluable resource.
Whether you buy or sell Butyl acetate or related products, you need to know about the prices and the factors driving the prices in the global Butyl acetate market as they happen. Our network of price reporters throughout Asia, Europe and the US provide key local insights. We collate this intelligence into daily and weekly price reports, ensuring you have the up-to-date information you need at all times.
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Butyl Acetate Overview Transcript
Buyl Acetate is mainly used in paint manufacturing and in the automotive industry. It is also used as glue in wood coatings and nail care, cosmetics and perfumes and as an extraction solvent for pharmaceuticals.
Buyl acetate’s key feedstocks are butanol and acetic acid
The main European producers are INEOS, OXEA, and BASF. Product can also be seen in Northwest Europe from Russia’s Eurochem and from Celanese in the US.
Producers generally agree contracts direct with the larger customers and have contracts with the distribution network to deliver to the medium and smaller buyers.
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Butyl acetate: Market overview
Updated to Q4 2014
In the fourth quarter, Asia’s butyl acetate (butac) prices are expected to be under pressure from declines in prices of feedstock acetic acid and n-butanol (NBA) in China. Feedstock prices are expected to decline due to more supply as feedstock producers would be keen to reap higher margins. Demand in southeast Asia might be stable-to-soft amid weaker regional currencies against the US dollar and weaker buying interest as buyers adopt a wait-and-see stance for lower offers against the backdrop of lower feedstock prices.
In Europe, both spot prices and demand have remained relatively flat throughout the year so far, despite significant cumulative price increases and decreases of the monthly contract price (CP) of feedstock propylene. With no changes expected in market dynamics – and with the October CP for propylene having rolled over from September – market participants do not expect changes in prices in the fourth quarter.
The US butac market may see prices stabilise in the fourth quarter. US butac prices for most of 2014 have seen record increases, due to increased demand and supply-chain issues from a major producer. As the US paints and coatings season winds down, demand for butac is expected to flatten. In addition, production issues by suppliers that plagued the US market are expected to be resolved. This, according to sources, could lead to a more stable market at the end of the year.
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Butyl Acetate Methodology
About Butyl acetate
Butyl acetate is a colourless liquid with a fruity banana odour that is commonly used as a solvent in the production of lacquers, inks and adhesives. It is highly flammable and miscible with common organic solvents such as alcohols, ketones, glycols and esters.
Butyl acetate is mainly used as a solvent in the production of paints and lacquers, inks, adhesives and hardened coatings. It is used in the pharmaceutical industry as a solvent and extraction agent, and used to purify penicillin.
Other uses include cosmetics and personal care products, fragrance solvent for perfumes, cleaning and car care products.
The main process for the manufacture of butyl acetate involves the esterification of butanol and acetic acid in the presence of a catalyst such as sulphuric acid.