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 Q3 2015
US ‘s third quarter (Q3) butyl acetate (butac) pricing is expected to be stable-to-weak on the back of balanced market conditions and subject to the movement of mostly soft feedstock prices. Although stronger demand has been seen in the downstream glycol ethers and butyl acrylate (butyl-A) markets, there could be some mild, near-term butac-price erosion at large accounts in August amid a typical seasonal slowdown.
Following a price hike of €20/tonne in late June, few changes are expected for the European butac spot market in the third quarter of 2015. For the last couple of years or so, there has been a disconnection between butac spot prices and those of feedstocks in the region. Ongoing flat demand for the product has often thwarted producers’ attempts to raise prices when feedstock costs have increased. In terms of demand, with many European market participants taking holidays in July and August, business could slow further.
In Asia, butac spot prices are expected to come under pressure in the third quarter because of tapered demand in Asia. Rainy weather and the Ramadan festival is anticipated to limit buying interest in the southeast Asia given that downstream sectors would be reducing production outputs in such conditions. As a result, it would be difficult to see gains in these regions. In China, a seasonal lull in demand is expected to further exert downward pressure on prices in July and first-half of August.
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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.