ICIS has a network of locally based reporters providing coverage of regional Butyl acetate markets. They provide not just pricing information, but an in-depth understanding of the factors driving prices and market fluctuations.
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butyl acete US Transcript
The ICIS weekly USA butyl acetate report provides three different prices for butac, all quoated in cents per pound and converted into dollars per ton.
The report lists a monthly contract price, a distributor price for material delivered before discount based on values in the US Northeast and mid-west. And a spot export price out of the US Gulf that is mainly sent to Latin America.
The three prices listed in the report change fairly often, sometimes monthly, but the key value tends to be the distributor price because Butac is moved largely by distributors.
The report offers distributors and manufacturers a way to keep tabs on prices for this niche product. It also includes monthly US trade data. We obtain our data from buyers and sellers and analyse this to create accurate reports that are necessary for our customers. Our report is timely, analytical and an excellent source of information for our customers in the paint, inks and coatings and fragrance industries.
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Updated to Q1 2016
US butyl acetate (butac) free-market contract prices continued steady at the end of the first quarter of 2016 on flat market conditions, with April possibly ushering in gains stemming from price-hike initiatives of 3-5 cents/lb ($66-110/tonne) on stronger upstream values.
Sources said increases are especially likely if spring paint and coatings is stronger year on year, as many sources expect, given recently favourable weather. The March rollover held US butac at an assessed 48-52 cents/lb, even as domestic spot values lost an average of 3 cents/lb during the first quarter.
If April butac price efforts succeed, it may be only at the low end of price gains proposed separately by at least two producers, one of which cited higher input costs as its primary rationale.
Sources continue to describe demand as healthy but steady amid a generally balanced market, with no significant uptick in spring buying activity yet versus the same time one year earlier. Most sources, however, expect improvement during the US coatings season, which officially begins on 1 April. Spring maintenance is planned by one producer at its integrated production site in Texas.
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.