Butyl Acetate Prices, Monitor, Analysis & Demand

North America The North American Butyl Acetate market witnessed a stable trend in Q4 2023. The market was moderately supplied with steady demand from downstream industries, primarily the construction sector. However, the market was impacted by elevated interest rates, which caused reduced demand in the construction industry. Additionally, heavy destocking activity among sellers due to high inventories led to lower prices. The shutdown of any plant was not reported in Q4 2023. The USA, which has the highest changes in prices, exhibited a bullish trend primarily influenced by increasing demand from the international market and higher production due to high natural gas prices. However, the market was dampened by a notable surplus of inventories, which led to lower prices. The quarter ending price of Butyl Acetate DEL Chicago in the USA was USD 2226/MT. Overall, the North American Butyl Acetate market witnessed a stable trend, with demand from the construction sector remaining firm but the...