ICIS publishes pricing information which you can use in settlements and contracts in order to optimise your deals and negotiations.
Use the independent price assessments and market coverage in our price reports to track the regional Butyl acetate market.
Use ICIS information to:
- Understand price drivers and fluctuations
- Develop internal analytical models
- Negotiate deals with confidence
Butyl Acetate Europe Transcript
The ICIS Europe butyl acetate or butac report consists of spot prices for butyl aceatete and isobutyl acetate prices are quoted on a Euro per metric tonne on a Free Delivered Northwest European basis.
The report contains information on spot prices, monthly price targets posted by producers agreed business and supply/demand factors, including any planned or unplanned production schedules.
It also includes a snapshot of developments for upstream products such as butanol, acetic acid and propylene.
We generate this information after detailed conversations with buyers, sellers, producers, consumers and traders.
Many of these groups use the ICIS European Butac quote in their contract negotiations. The report is highly regarded in the industry and widely read.
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Updated to Q1 2016
European butyl acetate (butac) spot prices fell from an average €840/tonne FD NWE in early January to an average €765/tonne FD NWE in early March.
Prices tracked the larger decreases in monthly contract prices for feedstock propylene.
While supply and demand often tend to play a greater role in determining butac prices than feedstock costs, the latter nevertheless exert a strong influence, with butac buyers citing lower costs when arguing for decreases.
While demand for butac remains flat, the market lengthened during the latter part of the quarter as a result of oversupply.
With alternative outlets for feedstock butanol unattractive, more butac has been produced.
As a result, butac prices slipped in early March, despite the propylene contract price rolling over from the previous month.
This was an unwelcome development for butac producers, whose margins were already compressed.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Butyl acetate.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Butyl acetate. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Butyl acetate, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.