Prices for Butyl Acetate in the U.S. exhibited price stability during August despite a muted sentiment in the coatings and adhesives markets. Stagnant sentiment was seen due to weak downstream consumption and continued low-cost support from feedstocks, acetic acid and n-butanol. As methanol prices continued to decline, upstream cost pressure continued to ease. Cautious buyers favored short-term contracts as overall chemical demand continued to decline alongside a slow-moving construction sector.
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Butyl Acetate prices stayed at USD *,***/MT FOB Texas.聽聽
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Acetic acid feedstock ranged from USD *** to ***/MT FOB Louisiana.聽聽
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Methanol prices dropped from USD *** in July to USD ***/MT in August.聽聽
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Butyl Acetate demand related to construction stayed weak, affecting coatings and adhesives use.聽聽
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The Housing Market Index decreased in August, showing low builder confidence.聽聽
Manufacturing & Supply Dynamics聽
Gulf Coast Butyl Acetate producers kept operations steady without...
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