Texas (USA): In the US market, Ethyl Acetate prices have stayed low due to substantial shifts in market dynamics, mainly driven by high inventory levels being offered at discounted rates, thereby reducing inventory costs. Furthermore, production costs have stayed low due to the continued affordability of natural gas.
However, future projections indicate a potential rise in Ethyl Acetate prices due to heightened demand from the Ethyl Acetate downstream construction sector. In general, the outlook for Ethyl Acetate in the US market seems positive. Despite a net decline in sales reported by major industrial player Dow, attributed to decreased Performance Material & Coating sales both quarterly and annually, there was a currency-based sales increase further leading to positive sentiments in the Ethyl Acetate market. Furthermore, net sales declined due to lower volumes in Building & Construction, driven by seasonal factors.
Moreover, the anticipated increase...
