Ethyl acetate Prices, markets & analysis
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Use the independent price assessments and market coverage in our price reports to track the regional Ethyl acetate market.
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Ethyl acetate US Transcript
The ICIS weekly USA ethyl acetate report provides three different prices for Etac, all quoted in cents per pound and also converted to dollars per tonne.
The report lists a monthly contract price, a distributor price, base on values in the US northeast and Midwest and a sport export price out of the US Gulf.
The three prices listed in the report change fairly often, sometimes, monthly, but the key value is the distributor price, because it is moved largely by distributors.
The report offers distributors and manufacturers a way to keep tabs on prices for a niche market.
Information for the report is obtained for a large number of buyers and sellers in the US. The ICIS report is an invaluable source of information that allows companies to make informed business decisions
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After several months of flat US ethyl acetate (etac) prices, the market has softened in recent months. From August-November, distributor spot prices – which had remained flat along with contract and spot prices – inched down 3 cents/lb ($66/tonne) the first of November.
Contract prices continued to roll over during the quarter, capping a 15-month period where contract prices remained steady. The last etac contract price movement was September 2012.
Indications for most of 2013 have been that demand for etac remained steady, but ample supply kept etac prices flat. Sentiment in the last few months, however, has been that such excess supply was starting to soften the market.
Roughly 60% of demand for ethyl acetate comes from the paints and coatings industry. Adverse weather conditions across the US earlier this year led to a delay in the US construction busy season. Stable weather and a slowly improving economy eventually led to a boom in housing starts.
Sources indicate to ICIS that etac supply remains ample, and that could put downward pressure on prices the rest of 2013.
Updated to mid-November 2013
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Ethyl acetate.
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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.
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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.