ChemAnalyst Market Research Report

North America The Q4 2023 for Ethyl Acetate was marked by a moderate supply and high level of inventories in the North American market, leading to heavy destocking activities. The prices were influenced by the rising prices of feedstock Acetic Acid and low demand from downstream industries such as construction. The high-interest rate of 5.5% continued to constrain the purchasing power of these industries, leading to a decline in demand. The shutdown of any plant was not reported during this period. In the USA, the prices of Ethyl Acetate remained stable at USD 1739/MT FOB USGC during the first week of December. The demand from the international market was lower, and the natural gas prices were rangebound. However, the market was bullish due to robust demand from downstream industries, particularly the construction sector. It is anticipated that the prices will continue to decline in the upcoming weeks, influenced by low demand from downstream industries, such as construction, and a hig...

North America The Q4 2023 for Ethyl Acetate was marked by a moderate supply and high level of inventories in the North American market, leading to heavy destocking activities. The prices were influenced by the rising prices of feedstock Acetic Acid and low demand from downstream industries such as construction. The high-interest rate of 5.5% continued to constrain the purchasing power of these industries, leading to a decline in demand. The shutdown of any plant was not reported during this period. In the USA, the prices of Ethyl Acetate remained stable at USD 1739/MT FOB USGC during the first week of December. The demand from the international market was lower, and the natural gas prices were rangebound. However, the market was bullish due to robust demand from downstream industries, particularly the construction sector. It is anticipated that the prices will continue to decline in the upcoming weeks, influenced by low demand from downstream industries, such as construction, and a hig...