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.
Updated to Q1 2019
Butyl acetate (butac) supply was reduced. In China, due to poor butac margins, operation rates were largely reduced. This was especially apparent during the Lunar New Year long holiday, where some plants were even shut down in advance. Certain Chinese plants also switched from producing butac to ethyl acetate, which gave slightly better margins. In southeast Asia, Celanese was shut in end February for about a month for its annual turnaround.
Demand in Asia was slow at the start of the year due to the winter lull season affecting China and northeast Asia markets. Demand also met with a slowdown ahead of the Lunar New Year holiday, which was widely celebrated in Asia. A global economic slowdown and the US-China trade war continued to weigh on sentiment, curbing buying interest. By March, demand remained subdued with no significant uptick seen ahead of the peak Spring season.
The supply of butyl acetate (butac) in Europe was restricted in late 2018 by production issues at Oxea and BASF’s plants and low water levels on the Rhine which impacted on logistics. Oxea lifted its force majeure in early January, returning the market to a balanced condition. Production at typical rates and quiet demand resulted in supply lengthening during the quarter to a balanced-to-long state.
Demand remained quiet for much of Q1 following a typical seasonal lull at the end of 2018. Some sources saw an increase in demand in the second half of March, with a producer saying that demand had been good, even though it was weaker than the same month the previous year.
US butyl acetate (butac) supply was steady and balanced with soft demand during the first quarter of 2019, mostly due to the harsh winter and a market slow to recover from a weak fourth quarter last year. Amid soft fundamentals, supply limits from one producer ahead of its planned 45-day maintenance beginning in April had little or no effect on the supply-demand picture, even with the potential prospect of price pressure from a spring demand uptick.
Domestic first-quarter butac demand was steady from the previous quarter but weakened year on year. Buying interest usually seen during the run up to the US spring paints and coatings season, which peaks in the second quarter, was impeded by several factors including extremely low temperatures and record rainfall, contrary to earlier forecasts from the National Oceanic and Atmospheric Administration (NOAA). In addition, coatings demand from new construction continued to struggle amid general economic headwinds.
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.
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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.
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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