Ethyl Acetate prices maintained an overall stability during the mid of May xxxx in the US market. This price stability was attributed to persistent weakness in upstream acetic acid values, which held steady but had already fallen significantly over the past month. Feedstock ethanol prices showed minimal volatility, while reduced electricity costs鈥攕temming from lower spring cooling demand鈥攅ased production expenses.
Despite cost relief, downstream sectors such as coatings, adhesives, and inks remained sluggish. Merchants and producers reported limited replacing interest, and surplus concerns from Asian markets weighed on sentiment. Given these factors, Ethyl Acetate prices are expected to stay soft in the near term unless demand sees a seasonal or sectoral pickup.
Production of Ethyl Acetate in the U.S. continued at regular rates, supported by favourable margins as upstream energy and input costs declined. Ethyl Acetate Key producers reported stable...
