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Home Commodities Chemicals Butyl-acetate Butyl acetate prices, markets & analysis

Butyl acetate prices, markets & analysis

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The Butyl Acetate reports are published weekly in Asia, Europe and the US, providing independent, unbiased pricing assessments, news and analysis.

This invaluable market intelligence is collated by our locally based reporters and includes spot prices, domestic and contract prices where applicable, upstream movements, feedstock news and graphs. We provide the tools you need to make informed and confident commercial decisions.

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Market Overview

Updated to Q4 2020

Asia

Asia-Pacific butac markets saw a crunch in supply during the second half of Q4 2020. A shortage of feedstock n-butanol combined with regional producers holding on to low butac inventories bolstered market sentiment. Regional producers raised offers as they scoured the market for raw material, while butac plants were running at below full capacity.

The supply crunch pushed butac prices to multi-year highs. Asia-Pacific butac demand was upbeat on stronger buying activity in the second half of Q4 2020. An overall recovery in demand was seen as coronavirus restrictions eased in the region, against a backdrop of tight supply availability, leading to increased buying activity.

Europe

Supply was tight throughout October and November, and tightened furtherin December after major producer BASF declared force majeure. Force majeure was declared following an unplanned shutdown and a force majeure declaration on feedstock n-butanol (NBA) production. Limited availability of feedstock NBA had affected butac producers since late October, with a brief planned turnaround in November further limiting butac supply.

Demand was healthy for much of Q4. Demand from the key automotive sector recovered during the quarter, compared with the weak consumption driven by the coronavirus pandemic seen in Q2 and Q3. Consumption of butac remained good for most of December, which is typically a quiet month due to public holidays and destocking activity.

US

Supply of butac in Q4 was steady and largely balanced with demand although volumes increased in the latter portion of the quarter due to some restocking and coronavirus-related demand. Transportation constraints, including truck driver shortages and port and railhead congestion, were lengthening domestic delivery lead times.

Demand from architectural coatings and packaging inks continued to gain momentum throughout the Q4, contrary to typical year-end patterns. Some of that buying interest was attributed to pent-up demand stemming from early 2020 coronavirus lockdowns and some restocking for early 2021 amid some economic optimism centred on the implementation of coronavirus vaccines. With the coronavirus continuing to escalate in Q4, the do-it-yourself (DIY) paint sector also remained strong.

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How we can help

Butyl acetatel news and market information products from ICIS

We offer the following regional Butyl acetate analysis and news coverage to keep you informed of factors and developments affecting prices in the Butyl acetate marketplace.

Price reporting

  • More information about the price reports we publish on Butyl acetate
    Independent price assessments and market coverage by region

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Price history

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News & analysis

  • News & market analysis specifically relating to Butyl acetate
    Breaking news of latest developments affecting the markets.Insight and analysis of factors driving prices.
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Pricing information

Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:

  • Spot and contract price assessments
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Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.

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Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.

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ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.

ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.

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ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.

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The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.

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24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.

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ICIS Chemical Business magazine

If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions. Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine.

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An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.

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ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.

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ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.

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Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.

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ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.

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Methodology

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.

Butyl Acetate Methodology

A colourless flammable liquid with a fruity odour, butyl acetate is produced by the esterification of acetic acid using butanol in the presence of a catalyst such as sulphuric acid.

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About Butyl acetate

Butyl acetate is a colourless liquid with a fruity banana odour that is commonly used as a solvent in the production of lacquers, inks and adhesives. It is highly flammable and miscible with common organic solvents such as alcohols, ketones, glycols and esters.

Butyl acetate is mainly used as a solvent in the production of paints and lacquers, inks, adhesives and hardened coatings. It is used in the pharmaceutical industry as a solvent and extraction agent, and used to purify penicillin.

Other uses include cosmetics and personal care products, fragrance solvent for perfumes, cleaning and car care products.

The main process for the manufacture of butyl acetate involves the esterification of butanol and acetic acid in the presence of a catalyst such as sulphuric acid.

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