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 & Analysis - News & market analysis specifically relating to Ethyl acetate
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Spot export prices of ethyl acetate (etac) from China, the regional benchmark, spiked in the first half of the third quarter, driven by strong gains in raw material acetic acid prices in China. Etac prices climbed 9% from early July to reach an average of $987.50/tonne FOB (free on board) China by mid-August, on the back of an 8% jump in acetic acid prices in July owing to production issues and rolling plant turnarounds. However, etac producers’ escalating export offers sidelined regional buyers, who saw prices above the low $900s/tonne FOB China as unacceptably high. Liquidity in spot trade weakened as a result.
Etac prices began to retreat from the mid-August peak in the second half of the quarter after acetic acid producers resumed output following the completion of plant turnarounds. Etac prices slumped by 5.6% between mid- August and late September, as lower raw material prices prompted Chinese etac makers to reduce their asking prices. A steady decline in Chinese etac makers’ export offers in September helped to restore liquidity in spot trade to neighbouring markets.
Updated to Q3 2014
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.