ICIS price reporting for regional Ethyl acetate markets is unparalleled in its ability to keep you on top of the information you need.
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Updated to Q4 2018
Availability of ethyl acetate (etac) improved in the final quarter of 2018. Major producer INEOS returned to typical levels of spot activity during September following a maintenance turnaround, resulting in greater domestic supply. Additional imported volumes from Asia which were exported while INEOS had a limited presence in the spot market also contributed to lengthening supply once the producer had returned to normal activity.
Demand for etac was generally within expectations in the final quarter of 2018. Demand was quieter than expected in September as buyers bought only necessary volumes but good demand was seen in October.The fourth quarter is typically a quieter month for demand, particularly compared with the peak demand from the coatings sector seen in July.End of year de-stocking activity also contributed to quiet demand in December, though this was within sources’ expectations for the time of year.
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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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