ICIS has a network of locally based reporters providing coverage of regional Butyl acetate markets. They provide not just pricing information, but an in-depth understanding of the factors driving prices and market fluctuations.
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We offer the following regional Butyl acetate coverage to keep you informed of factors and developments affecting prices in the US Butyl acetate marketplace.
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Updated to Q1 2017
US butyl acetate (butac) free-market contract prices moved up by an average of 8-10 cents/lb ($176-220/tonne) during the first quarter, primarily on pressure from feedstock and margin expansion efforts.
Tighter-than-expected supply of US propylene led February contract prices up by 6.5 cents/lb to their highest level in nearly two years. That followed a 10 cent/lb increase in January propylene. March propylene was expected to climb another 2-5 cents/lb.
In addition, a major outage at BASF’s Ludwigshafen plant in Germany in mid-October 2016 constrained US supply of upstream n-butanol (NBA), and prompted two major US suppliers to implement 100% sales controls indefinitely. Those constraints were exacerbated by inordinately healthy demand.
Meanwhile, US butac prices have been proposed higher by 8 cents/lb for March, and market sources expected those efforts to succeed or to be near the proposed levels.
Among the drivers for the latest round of initiatives is anticipated heightened demand as the US spring paint and coatings season gets underway in April.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Butyl 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 Butyl 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 Butyl 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.