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During the first half of June, Butyl Acetate prices in China rose slightly, supported by resilient export demand and firm regional fundamentals despite the sluggish downstream consumption. The butyl acetate market showed moderate strength amid ongoing plant maintenance activities in the broader Asian acetyls chain, including Celanese鈥檚 Singapore plant shutdown throughout May and maintenance by Petronas in Malaysia. Domestic profitability remained narrow due to weak ethyl acetate trends and thin local downstream activity, but steady inquiries from export markets such as T眉rkiye, Egypt, and Indonesia underpinned sentiment.
Chinese Butyl Acetate production operated normally in late May, with sufficient availability of feedstocks including n-butanol and acetic acid, which hovered near USD ***/MT. Despite soft upstream methanol performance and limited acetic acid cost momentum, the Butyl Acetate supply was balanced.
Inventories at major producers stayed within control, helped by export dispatches...
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