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Updated to Q1 2018
Supply of ethyl acetate (etac) was tight in January as major producer INEOS continued to have limited activity in the spot market according to market sources, though a company source said that there was no restriction on its spot availability during the first quarter of the year. Supply became more balanced during the quarter, with INEOS said to have returned to normal levels of spot activity in mid-February. Celanese activated sales controls at this time, but the market remained balanced. Imported volumes from Asia continued to be limited during this quarter, as increases in Asian prices and feedstock costs during the second half of 2017 made the European market relatively unattractive.
Demand was strong in January, causing prices to rise during this period of tight supply. However, mixed views of demand were given in March. Some sources experienced good demand, while others saw quieter demand, below their expectations for the month. A producer suggested weaker demand in March was the result of buyers waiting to see if prices would fall, while a distributor suggested enough material was purchased earlier that buyers did not need to refill their stocks.
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.