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We offer the following regional Acrylic acid-Acrylate esters coverage to keep you informed of factors and developments affecting prices in the US Acrylic acid-Acrylate esters marketplace.
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News & Analysis - News & market analysis specifically relating to Acrylic acid-Acrylate esters
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Updated to Q1 2018
US acrylic acid saw free-market contract gains of 11-15 cents/lb ($243-331/tonne) during the first quarter of 2018, driven by a combination of supply constraints, sharply higher feedstock propylene and healthy demand. Some of the supply crunch – and transportation delays – stemmed from Hurricane Harvey in latter 2017 and some severe Q1 wintry weather which shuttered some US Gulf coast plants and further crippled logistics. Toward the end of the first quarter, as propylene inventories and acrylic acid supply constraints eased, values rolled over for March.
US acrylic acid demand steadily gained momentum during the first quarter of 2018, driven partly by lingering supply constraints and by generally positive economic sentiment that transferred to the predominant downstream coatings markets. Sources throughout the market described the market as consistently healthy, except for late February and despite recurrent severe ice storms, including a rare winter storm that briefly halted operations at some US Gulf coast plants.
The weekly ICIS US Gulf (USG) acrylic acid and acrylate esters report includes monthly contract prices for acrylic acid, butyl acrylate (BA), ethyl acrylate (EA), methyl acrylate and 2-ethylhexyl acrylate (known as 2-EHA).
The report has spot ranges from the US Gulf for glacial acrylic acid (GAA), butyl and 2-EHA, which usually moves every week.
To determine what the ranges are, we contact buyers, sellers and traders to get their input on current pricing. We also take into account a broad look at the factors that shape the market, including important movements in the upstream and downstream sectors.
A crucial part of the report is production dynamics because plant shutdowns can have a significant effect on pricing as supply tightens. We closely track developments in global trade flows to keep abreast of the situation.
It is an excellent report for delivering price transparency and explaining the reasons for prices movements.
Subscribers need to know the dynamics of the market to make their own business decisions on buying and selling, and this report gives them the information they need.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Acrylic acid-Acrylate esters. 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 Acrylic acid-Acrylate esters, 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.