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Prices for n-Propyl Acetate in Germany were stable on September 5, settling marginally lower than August but still stable, conditioned on lack of acetic acid, one of the feedstocks and n-butanol prices. Weak demand downstream for coatings and adhesives did not provide much support for any meaningful rebound, however balances and caution with production levels allowed for prices not to decline further.
Key Takeaways
Market Overview鈥揕ate Aug to Early Sep xxxx: The n-Propyl Acetate market in Germany experienced a consistent tone through Qx, reflecting anxiety across the wider industrial economy. The construction data experienced its slowest pace of decline in nearly two and half years and the Total Activity Index rose in July. Commercial construction showed slight growth, ending a contraction streak that started in April xxxx, while residential and civil engineering continued to drag behind. The uneven nature of the recoveries provided little lift to solvent demand, especially in coatings and adhesives, where...
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