The ICIS Ethyl Acetate reports are published in Asia, Europe and the US on a weekly basis.
All regions cover the spot market, while in the US there is also a distributor price assessment. The independent pricing information is gathered locally by our network of reporters. Commentary and analysis covers regional activity, upstream news, production updates and graphs, ensuring you are equipped with the latest market movements when making your commercial judgements.
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Ethyl acetate news and market information products from ICIS
We offer the following regional Ethyl acetate analysis and news coverage to keep you informed of factors and developments affecting prices in the Ethyl acetate marketplace.
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Ethyl acetate: Market overview
Updated to Q2 2018
Some Chinese producers are expected to rollover low operating rates from Q1 into Q2 as demand was lacklustre. Additionally, cost pressure from feedstock acetic acid and ethanol was high and if demand did not pick up and producers were unable to transfer the cost to the downstream, some producers might consider the option to reduce operations further, to cut losses.
Demand is expected to see improvement in April and May, ahead of the peak season in June for the downstream paint and coating industry. As some importing markets had existing inventory built up due to slow demand in Q1 2018, some markets might take some time to digest the inventory.
Supply of etac in Europe is balanced and likely to lengthen once Celanese’s sales controls are lifted. In addition, INEOS is due to complete a 100,000 tonne/year expansion of their plant in Hull, UK. However, this expansion will require a shutdown, which may result in supply tightening. Imported volumes from Asia are likely to remain limited because of high acetic acid costs.
Demand for etac is likely to increase during the second quarter of the year, as this is the seasonal peak for demand from the downstream coatings sector.
Supply of US ethyl acetate (etac) is likely to remain good through the second quarter of 2018 as production of etac and its feedstocks return to normal following tightness brought on in late 2017 from the effects of Hurricane Harvey.
Demand should see an uptick in the second quarter of the year, as the solvent used in the paints and coatings sectors typically sees a bump from the spring coatings season, when warmer weather can tend to see more home-buying and home remodel and repair projects.
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Ethyl acetate news & analysis
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Ethyl Acetate Methodology
About Ethyl acetate
Ethyl acetate (etac) is a colourless, mobile, volatile liquid, with a characteristic pleasant fruity odour. It is highly flammable, soluble in ethyl alcohol and ether but slightly soluble in water.
It is used in a variety of coating formulations such as epoxies, urethanes, cellulosics, acrylics and vinyls. Applications for these coatings are numerous including wood furniture and fixtures, agricultural, construction and mining equipment, auto refinishing, and maintenance and marine uses.
Ethyl acetate has applications as a solvent in inks for flexographic and rotogravure printing. It is used as an extraction solvent in the production of pharmaceuticals and food, and as a carrier solvent for herbicides. High purity product can be used as a viscosity reducer for resins used in photoresist formulations in the electronics industry.
As an active solvent, etac is available in three grades: 85-88%, 99% and 99.5% (urethane grade). The most popular is 99% grade which is chiefly used in industrial lacquers and enamels.
Miscellaneous uses of etac include adhesives and cosmetics.