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Butyl acetate prices in Germany dropped by the end of August ****. The butyl acetate market activity was subdued where the prices of feedstocks like acetic acid and n-butanol held steady, leading no additional cost support from the production side, and demand from coatings and adhesives remained lacklustre. In other words, even though producers managed inventories well and kept output in check, prices still slid on the weaker side.
Domestic Butyl acetate production stayed steady but cautious, with suppliers matching output to slow-moving demand. High energy costs persisted, but not enough to counteract shrinking margins. Producer were forced to sell stocks at cheaper prices in order to maintain purchasing activity. Imports from Asia, especially China, continued to put pressure on the market, as Chinese butyl acetate prices stayed in a tight range. The prices of upstream acetic acid were stable which...
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