ethyl acetate Pricing Assessment

Markets Covered:

China

Singapore

India

Netherlands

Germany

Vietnam

Indonesia

Japan

Turkey

Thailand

Nigeria

Ethyl Acetate Price Trend, Analysis and Forecast

The Asia Pacific region emerged as the largest market for ethyl acetate. This region dominated the global ethyl acetate owing to the advancement of growing countries like China and India, which are among the essential customers of ethyl acetate.

In Q1 2024 the Asian ethyl acetate market declined by 1.27% as compared to the Q4 of 2023. Several factors have influenced ethyl acetate prices, including weak demand from the construction sector, high inventory levels, and low import costs from China. The challenges in the Chinese market have had a negative impact on Japan’s pricing, as China is a significant exporter to Japan. In contrast, the European market, particularly in the Netherland ethyl acetate prices rose due to increased demand from the construction sector, along with managing inventory levels. By the end of the quarter in Netherland, the price of ethyl acetate reached 1,181 USD per metric ton in March.

In Q2 2024, the Chinese ethyl acetate market experienced an upward trend in beginning of quarter as compared to first quarter of 2024 but further there was a sharp decrease towards the second half of the Q2. But in other Asian countries like Malaysia and India ethyl acetate market declined as compared to the Q4 of 2023. In the second quarter, the Asian market experienced a downturn attributed to reduced import costs from China, high inventory levels, and decreased demand from downstream industries like construction. The European ethyl acetate market has displayed a mixed price trend throughout the quarter. Initially, prices climbed during the first half as strong demand persisted, particularly from key industries. However, as the quarter progressed, prices began to decline due to supply constraints that caught up with the market dynamics. These fluctuations were influenced by various factors, including changing demand patterns in downstream sectors. By the end of the quarter in June, the price of ethyl acetate in the Netherlands settled at 1,189 USD per metric ton

In Q3 2024, the ethyl acetate market will continue to experience upward price pressure due to ongoing supply limitations. The growing demand for adhesives, paints, coatings, and food items will expect to boost the ethyl acetate market in the APAC region as well as in Europe region. As of July 2024, ethyl acetate prices were fluctuating and reflecting around 0.11% decrease from the previous month.

In Q4 2024, the Asia-Pacific region will experience upward trend in ethyl acetate prices. Key factors driving these price fluctuations include differing demand trends across various countries, particularly influenced by China’s strong performance. Additionally, rising raw material prices will affect production costs, while ongoing trade tensions will disrupt regional supply chains. In the short term, the ethyl acetate market will experience growth primarily due to rising demand from the paints, coatings, and food sectors. Market growth of ethyl acetate can be attributed to the thriving automotive industries, as well as an increasing global preference for flexible packaging solutions. In addition, the increasing demand for epoxy coatings in the global aerospace and food and beverage sectors will expect to positively impact the demand for ethyl acetate over the forecast period.

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is your trusted resource for tracking global ethyl acetate price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the ethyl acetate market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

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Track 's ethyl acetate price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in ethyl acetate prices

Russia-Ukraine Conflict (2022-Present):

Supply Chain Disruptions: The conflict has impacted the supply chains for raw materials and energy sources, causing delays and shortages that drive up production costs for ethyl acetate.

Energy Prices: Increased volatility in oil and gas prices resulting from the conflict has directly affected the production costs of ethyl acetate, as energy is a key input in its manufacturing.

Market Uncertainty: The geopolitical tensions have created uncertainty in global markets, leading to speculative trading and fluctuating prices as companies adjust to the evolving situation.

Export Restrictions: Sanctions and trade restrictions imposed on Russia and Ukraine have further strained supply chains, affecting the availability of key feedstocks and raising prices.

COVID-19 Pandemic (2020):

Disruption of Supply Chains: Lockdowns and restrictions led to factory closures and transportation delays, disrupting the supply chains for raw materials and finished products, which affected ethyl acetate availability.

Demand Shifts: The pandemic altered demand dynamics, with increased needs in specific sectors such as pharmaceuticals, sanitizers, and packaging materials, while demand from industries like automotive and textiles declined sharply.

Production Halts: Many manufacturers scaled back or halted production during peak lockdown periods, leading to temporary shortages in the market, which contributed to price volatility.

Economic Uncertainty: The overall economic instability during the pandemic created uncertainty in the market, causing fluctuations in pricing as companies adjusted their production and inventory strategies.

Raw Material Prices: Fluctuations in the prices of raw materials, influenced by the pandemic’s impact on global markets, further affected the production costs of ethyl acetate, leading to price changes.

Geopolitical Tensions (2018-2019):

Trade Wars: Ongoing trade disputes, particularly between major economies like the U.S. and China, created uncertainty in the market. Tariffs on chemicals and raw materials affected production costs and availability, leading to price volatility.

Market Speculation: Heightened geopolitical risks triggered speculative trading behaviour in commodity markets, causing prices to swing as traders react to news and developments.

These events underscore the ethyl acetate market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.

Methodology and Specifications

ethyl acetate Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major ethyl acetate production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire ethyl acetate supply chain, from raw material availability (e.g., acetic acid, anhydrous ethanol) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact ethyl acetate prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on ethyl acetate production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging), to predict shifts in ethyl acetate demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global ethyl acetate production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.

Future Capacity Projections: Our research includes detailed forecasts of upcoming ethyl acetate production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global ethyl acetate pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast ethyl acetate prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that delivers the most accurate, timely, and actionable ethyl acetate pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

88.11

CAS No

141-78-6

HS Code

29153100

Molecular Formula

CH3CO2CH2CH3

ethyl acetate

Ethyl acetate is a colourless, volatile liquid with a sweet, fruity odour, commonly used as a solvent in various industries such as pharmaceuticals, cosmetics, and manufacturing. Its chemical formula is C4H8O2, and it is widely employed for its excellent ability to dissolve a broad range of substances, making it an essential component in paint removers, adhesives, coatings, and varnishes. Ethyl acetate is also used in the production of artificial flavours, fragrances, and as a cleaning agent in the electronics industry. Due to its low toxicity and rapid evaporation rate, it is favoured in applications requiring quick drying times, ensuring efficiency and high performance in diverse formulations.

Packaging Type

Isotanks, Drums (India)

Grades Covered

Industrial

Incoterms Used

FOB Shanghai, FOB Jurong, FOB JNPT, FOB Rotterdam, FD Hamburg, CIF Haiphong (China), CIF Tokyo (China), CIF Mersin (China), CIF Bangkok (China), CIF Jakarta (China & Singapore), CIF Laem Chabang (Singapore), CIF Apapa (India)

Synonym

Ethyl ethanoate Acetic ester

Quotation Terms:

10-15 MT (India) 50-60 MT (Global)

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property	Specification
Appearance	Colourless clear liquid
Purity	99.9%
Density (25 °C)	0.902 g/mL
Boiling Point	78 °C
Freezing Point	-94 °C
Vapour Pressure (20 °C)	99 mm Hg
MIR	0.63
Viscosity (20 °C)	0.45 mm2/s

Applications

Ethyl acetate is used mainly as a feedstock/intermediate to make other chemicals including: Acetic acid Butyl acetate Ethanol

Disclaimer

Ethyl Acetate price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for ethyl acetate. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What are the key factors affecting Ethyl Acetate prices in the market? +

Ethyl Acetate prices are mainly influenced by the cost of raw materials such as ethanol and acetic acid. Energy costs, demand from industries like paints, coatings, adhesives, and food & beverages also play a role. Additionally, global supply chain disruptions, transportation costs, and geopolitical factors can impact pricing.

How does regional production impact Ethyl Acetate pricing? +

When Ethyl Acetate is produced locally, prices tend to be more stable and lower due to reduced transportation costs. However, regions relying on imports may experience higher prices due to shipping costs, tariffs, and potential supply chain delays.

What is the latest trend in Ethyl Acetate pricing, and how can I secure better rates? +

Ethyl Acetate prices have fluctuated recently due to changes in raw material costs and supply chain issues. To secure better rates, it is beneficial to negotiate long-term contracts, purchase in bulk, and explore local suppliers to reduce transportation costs.

What are some potential supply chain disruptions that could affect Ethyl Acetate pricing? +

Supply chain disruptions, such as raw material shortages, transportation delays, or geopolitical instability, can lead to higher prices or supply shortages for Ethyl Acetate.

Is there a seasonal fluctuation in Ethyl Acetate pricing? +

There may be some seasonal fluctuation based on demand in the paint and coatings industry, but this is usually less significant compared to factors like raw material and energy cost changes.

Can I expect long-term stability in Ethyl Acetate pricing? +

Long-term price stability is difficult to guarantee due to the volatility of raw material and energy prices. However, securing long-term contracts and monitoring market trends can help manage price fluctuations.

How does demand from the coatings and adhesives industry affect Ethyl Acetate prices? +

High demand from coatings and adhesives industries can lead to price increases, especially during periods of high production. Lower demand can result in reduced prices.

How do environmental regulations impact Ethyl Acetate pricing? +

Environmental regulations aimed at reducing volatile organic compounds (VOC) can increase production costs, leading to higher prices for Ethyl Acetate in certain applications like paints and coatings.