Ethyl acetate Prices, markets & analysis
For clear insight into regional Ethyl acetate markets, you need in-depth price reports direct from those regions.
That’s why ICIS maintains a network of locally based reporters, providing not just price assessments but market commentary and analysis.
Use ICIS information to:
- Follow fluctuations and understand factors driving them
- Input into your own internal analytical models
- Clarify settlements and contracts
- Inform negotiations
Ethyl acetate Asia Transcript
The ICIS pricing ethyl acetate or etac report, covers three price quotes in Asia Pacific, capturing import prices in northeast Asia and southeast Asia as well as export prices in China. These are important regions for Etac production and consumption.
Chinese exports play a great role in the price-trends regionally and are closely watched by market players.
Details on the northeast Asian and Chinese domestic markets together with plant operating rates and feedstock prices, are also included.
The report offers readers details of trade transactions, news on the supply-demand balance, export-import information and general sentiment for price direction. It also discusses up and downstream market developments.
Our price assessments are based on information collected from a wide source of market players throughout the week with Etac producers, consumers and traders across the region all contributing too and expressing and interest in this report. Many of these market players chose to use the ICIS report spot quotations as a component in their monthly settlement prices
Ethyl acetate news and market information products from ICIS
We offer the following regional Ethyl acetate coverage to keep you informed of factors and developments affecting prices in the Asia Ethyl acetate marketplace.
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News & Analysis - News & market analysis specifically relating to Ethyl acetate
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Insight and analysis of factors driving prices.
Updated to Q4 2014
Spot prices of ethyl acetate (etac) continued to underperform those in the feedstock acetic acid and ethanol sectors throughout the final quarter of 2014.
The upside to etac prices was limited by ample supply, competition among Chinese producers for shares in regional markets, regional importers’ inability to transfer higher import costs to their local customers, alongside continuing Asian imports of competitively-priced material from the Middle East.
The rout in crude oil prices since early October, and the consequent slump in ethylene prices, boosted the competitiveness of ethylene-based etac makers in Asia. However, lower oil and ethylene prices presented a further challenge for etac makers in China and India, whose etac is derived from acetic acid and ethanol. Etac margins worsened to the extent that some Chinese producers began to focus on selling their raw material acetic acid or ethanol to benefit from the comparatively higher netback.
Along with intense competition among the Chinese producers themselves for shares in regional markets, etac makers in net importing markets, including Japan and South Korea, were similarly determined to defend their market shares against Chinese imports by offering material at competitive prices. The depreciation of several Asian currencies against the US dollar in the fourth quarter further sapped demand for Chinese material. The average FOB (free on board) China etac prices settled 2.4% lower between early October and early December.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Ethyl 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 Ethyl 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 Ethyl 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.