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.
Price Reporting – More information about the price reports we publish on Ethyl acetate
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Price History – More information about the historical price data we publish on Gas
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News & analysis
News & Analysis - News & market analysis specifically relating to Ethyl acetate
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q2 2015
Weak regional demand continued to weigh on spot ethyl acetate (etac) prices in Asia in the second quarter, limiting etac’s potential feedstock cost-led price upside. Etac traded at a tight range of $800-820/tonne FOB China for most of the second quarter before slipping below $800/tonne FOB China in late May.
Demand for Chinese etac to South Korea, China’s second biggest market in 2014, declined as South Korean importers spurned Chinese cargoes in favour of competitively-priced and duty-free imports from the US, Europe and India, in addition to the regular supply source from the Middle East. Etac from the US, Europe and India is exempt from import duty in South Korea because of the respective free trade agreements, whereas Chinese etac is subject to import duty and antidumping duty (ADD) in South Korea. The competitive prices of substitutable solvents, including toluene, isopropanol (IPA) and acetone, stemming from the late 2014 rout in crude oil prices, remained a challenge for Asian etac makers.
Slow domestic and export demand and weak etac margins prompted several Chinese etac makers to start cutting their plant operating rates from early June. By mid-June, the reduction in Chinese etac output, alongside the firmer prices of raw material acetic acid and ethanol, provided a floor for etac prices at about $780/tonne FOB China.
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.