For clear insight into regional Ethyl 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 Q2 2018
Producers in key exporting market in Asia, China, kept lower operation rates to balance off lukewarm demand amid high cost. From May-June, acetic acid spiked on tight supply and some etac makers had challenges procuring the raw materials. Some etac makers also lowered operation for the short term on environmental inspections in China. A southeast Asian producer experienced an outage for about a month due to upstream’s feedstock supply issues, and has been operating at low rate since end May.
Demand has been flat and slow in the China market, likely due to downstream plant operations affected by environmental inspections. Some northeast Asian markets saw some improvement in uptake but the demand was largely slower than expected from the paint and coating sectors. In southeast Asia, demand was affected in some markets for the month-long Ramadan observances, which ended in mid-June 3d0 with the Eid ul-Fitr holiday. The seasonal demand lull started at the end of the second quarter.
We offer the following regional Ethyl acetate coverage to keep you informed of factors 1c42 and developments affecting prices in the Asia Ethyl acetate marketplace.
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The major outlet for ethyl acetate (EAC) is coatings which account for 60% of demand. Process solvents, including pharmaceuticals and organic synthesis, account for 15% while printing inks are also estimated at 15%.
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