Ethyl acetate Prices, markets & analysis
The ICIS Ethyl Acetate reports are published in Asia, Europe and the US on a weekly basis.
All regions cover the spot market, while in the US there is also a distributor price assessment. The independent pricing information is gathered locally by our network of reporters. Commentary and analysis covers regional activity, upstream news, production updates and graphs, ensuring you are equipped with the latest market movements when making your commercial judgements.
Our editor gives their expert view
Ethyl acetate Overview Transcript
Ethyl acete or etac is a solvent with the main outlet being coatings which account for about 60% of demand.
Process solvents including pharmaceuticals and organic synthesis account for 15% while printing inks are also estimated at 15%. Miscellaneous uses including adhesives cosmetics account for a further 10% of demand.
The main European producers of ethyl acetate are Ineos, Sekab and Solutia. Product is regularly imported from Celanese in the US and Rhodia in Brazil. There are also imports of Indian product, and while there are some regular players involved in this, there is also some more sporadic involvement depending on net-backs and demand.
Producers generally agree contracts direct with the larger customers and have contracts with the distribution network to deliver to medium and smaller buyers.
Ethyl acetate’s key feedstocks are ethanol and acetic acid or ethylene and acetic acid depending on the player.
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Ethyl acetate news and market information products from ICIS
We offer the following regional Ethyl acetate analysis and news coverage to keep you informed of factors and developments affecting prices in the Ethyl acetate marketplace.
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Ethyl acetate: Market overview
Updated to Q1 2016
Some producers in the US ethyl acetate (etac) market seem intent on hiking prices for the solvent in Q1, although some end-users say the fundamentals do not support a price increase, as there is plenty of supply and it is a buyers' market.
The outlook for European ethyl acetate (etac) business in early 2016 is uncertain, particularly following a reduction of the January contract price for feedstock ethylene and softening crude oil prices.
A further depreciation of the Chinese yuan has led to speculations that more etac could be exported from China to Europe.
However, the majority of European etac suppliers are not concerned, believing that high freight costs and long lead times make Europe an unattractive destination for Chinese etac sellers.
Asian etac prices may stage a recovery in the first quarter after sinking to an all-time low in the final quarter of 2015, on the back of decreased capacity utilisation in China and firmer raw material ethanol prices. Widespread output cuts in China in the fourth quarter of 2015 are likely to offset the drop in regional demand for China’s etac exports.
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Ethyl Acetate Methodology
About Ethyl acetate
Ethyl acetate (etac) is a colourless, mobile, volatile liquid, with a characteristic pleasant fruity odour. It is highly flammable, soluble in ethyl alcohol and ether but slightly soluble in water.
It is used in a variety of coating formulations such as epoxies, urethanes, cellulosics, acrylics and vinyls. Applications for these coatings are numerous including wood furniture and fixtures, agricultural, construction and mining equipment, auto refinishing, and maintenance and marine uses.
Ethyl acetate has applications as a solvent in inks for flexographic and rotogravure printing. It is used as an extraction solvent in the production of pharmaceuticals and food, and as a carrier solvent for herbicides. High purity product can be used as a viscosity reducer for resins used in photoresist formulations in the electronics industry.
As an active solvent, etac is available in three grades: 85-88%, 99% and 99.5% (urethane grade). The most popular is 99% grade which is chiefly used in industrial lacquers and enamels.
Miscellaneous uses of etac include adhesives and cosmetics.