For clear insight into regional Butyl acetate markets, you need in-depth price reports direct from those regions.
That’s why ICIS maintains a network of locally based reporters, providing not just price assessments but market commentary and analysis.
Updated to Q3 2018
The downward price correction of butyl acetate (butac) continued into the third quarter and then largely stabilised with slight fluctuation. The decline of butac prices tracked feedstock n-butanol closely. The tight supply situation seen in the second quarter was eased with supply resuming to normal from Chinese and southeast Asian producers. A Chinese supplier restarted its butac plant following easing of cost pressure. Southeast Asian plants recovered from plant outages seen in the second quarter and their plants ran normally.
Supply and demand was described as largely balanced following the resumption of normal plant operation. Demand was largely stable but slow due to seasonal factors – summer in China and rainy weather in southeast Asia. Demand did not see significant improvement in September where the typical peak season starts. This was widely attributed to environmental regulations impacting downstream production in China, as well as the global trade tension impacting market sentiment in the region.
We offer the following regional Butyl acetate analysis and news coverage to keep you informed of factors and developments affecting prices in the Asia 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.
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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.
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