ICIS has a network of locally based reporters providing coverage of regional Butyl acetate markets. They provide not just pricing information, but an in-depth understanding of the factors driving prices and market fluctuations.
Updated to Q3 2020
Butac supply in Q3 is expected to be mostly balanced to potentially longer, if architectural and automotive coatings demand weakens because of the coronavirus. The pandemic confined many workers to their homes, creating worker shortages and dissipating demand from downstream markets. Even before the domestic coronavirus outbreak, the market anticipated ample supply in a moderately stronger coatings season. Supply will hinge on operating rates and the duration of the virus.
US butac consumption levels are expected to improve moderately in Q3, though slowly rising buying interest from major construction- and automobile-coatings sectors may be impeded by a faltering US emergence from nationwide coronavirus lockdowns. Demand from the automobile coatings sector is expected to grow more slowly from the new-builds segment than from auto-refinishing. Butac demand typically tracks GDP, which this year may contract by as much as 5%.
We offer the following regional Butyl acetate analysis and news coverage to keep you informed of factors and developments affecting prices in the US 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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