n-propyl acetate Pricing Assessment

Markets Covered:

Taiwan

China

United States

India

Turkey

Vietnam

Peru

n-Propyl Acetate Price Trend, Analysis and Forecast

In Q1 2024 the Asian n-Propyl Acetate market decreased by 1.23% as compared to the Q4 of 2023. China experienced the most significant price changes, with a steady downward trend characterized by ongoing price declines. This was primarily due to factors like weak demand from downstream industries, such as construction, and the accumulation of high inventory levels in the market. The challenges in the Chinese market have had a same impact on price of Turkey as China is a significant exporter to this country. In contrast, the Taiwan market, n-Propyl Acetate prices declined. By the end of the quarter in Taiwan, the price of n-Propyl Acetate reached 910 USD per metric ton in March. In North America, particularly in the USA n-Propyl Acetate market decreased by 0.76% as compared to Q4 of 2023 characterized by high inventory levels and a persistent downward market trend.

In Q2 2024, the Asian n-Propyl Acetate market experienced an upward trend in beginning of quarter as compared to first quarter of 2024 but further there was a decrease towards the end of the quarter. These fluctuations were influenced by various factors, including changing demand patterns in downstream sectors. In Taiwan, n-Propyl Acetate market showed a similar trend like China towards the end of the quarter. By the end of the quarter in June, the price of n-Propyl Acetate in Taiwan settled at 920 USD per metric ton. During the second quarter, North American market experienced a slightly negative trend and by the end of the quarter, the n-propyl acetate price settled at 892 USD per metric ton in June. Similarly, the challenge in USA have had a same impact on price of Peru and Turkey as USA is a significant exporter to these countries.

In Q3 2024, the n-Propyl Acetate market will continue to experience an upward price trend due to ongoing supply limitations. The growing demand for paints and coatings, printing inks, personal care and cosmetics will expect to boost the n-Propyl Acetate market in the APAC region as well as in North American region. As of July 2024, n-Propyl Acetate prices were fluctuating and reflecting around 1.01% increase from the previous month in China. In the beginning of the quarter in July, the price of Taiwan reached at 949 USD per metric ton.

In Q4 2024, the Asia-Pacific region will experience upward trend in n-Propyl Acetate prices. Key factors driving these price fluctuations include differing demand trends across various countries, particularly influenced by Asia’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 n-Propyl Acetate market will experience growth primarily due to rising demand from the paints, coatings, printing inks and cosmetics. In addition, the global production of n-Propyl Acetate is expected to increase owing to the rising demand for coating from end use industries.

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is your trusted resource for tracking global n-propyl acetate price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the n-propyl 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 n-propyl 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 n-propyl acetate prices

Russia-Ukraine Conflict (2022-Present):

Supply Chain Disruptions: The conflict disrupted supply chains, impacting the availability of raw materials and causing price volatility for n-propyl acetate.

Energy Price Surge: Escalating energy costs, driven by geopolitical tensions, increased production expenses, contributing to price fluctuations.

Logistical Challenges: Transportation and freight disruptions, including higher shipping costs, added strain to the market.

Market Uncertainty: Heightened uncertainty in global trade led to speculative pricing and reduced market stability.

Regional Imbalances: The conflict created supply imbalances in affected regions, intensifying price variability globally.

COVID-19 Pandemic (2020):

Supply Chain Disruptions: The COVID-19 pandemic disrupted global supply chains, leading to shortages of raw materials and irregular production of n-propyl acetate.

Demand Variability: Lockdowns and reduced industrial activity caused fluctuations in demand, particularly from sectors like automotive, coatings, and adhesives.

Logistical Bottlenecks: Restrictions on transportation and increased freight costs during the pandemic contributed to price instability.

Market Uncertainty: Unpredictable market conditions and delays in reopening economies led to speculative pricing and further volatility.

Shift in Production Priorities: Some manufacturers redirected resources to produce essential chemicals for sanitizers and disinfectants, tightening the supply of n-propyl acetate.

Geopolitical Tensions (2018-2019):

Trade Wars: The US-China trade war and other geopolitical tensions disrupted global trade flows, impacting the availability and pricing of raw materials for n-propyl acetate.

Tariffs and Sanctions: Increased tariffs and sanctions on key exporting nations raised production and import costs, contributing to price volatility.

Currency Instability: Fluctuations in exchange rates driven by geopolitical uncertainty affected the cost of international trade, influencing n-propyl acetate prices.

Supply Chain Disruptions: Political tensions disrupted supply chains, causing delays and inconsistencies in the supply of n-propyl acetate.

Market Speculation: Heightened geopolitical risks led to speculative trading, further amplifying price fluctuations in the market.

Methodology and Specifications

n-propyl 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 n-Propyl Acetate production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire n-Propyl Acetate supply chain, from raw material availability (e.g., acetic acid and 1-propanol) 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 n-Propyl 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 n-Propyl 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., paints and coatings, printing inks, cosmetics), to predict shifts in n-Propyl Acetate demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global n-Propyl 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 n-Propyl 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 n-Propyl 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 n-Propyl 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 n-Propyl Acetate pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

102.131

CAS No

109-60-4

HS Code

29153990

Molecular Formula

CH3COOCH2CH2CH3

n-propyl acetate

n-Propyl Acetate is a clear, volatile ester produced from n-propanol and acetic acid as key feedstocks. Known for its mild, fruity odour, it is widely used as a solvent in coatings, printing inks, and adhesives. Its fast evaporation rate and excellent solvency make it essential in applications requiring quick drying and high performance.

Packaging Type

Isotanks, Drums (India)

Grades Covered

Industrial

Incoterms Used

FOB Shanghai, FOB Kaohsiung, FOB Houston, CIF Haiphong (Taiwan), CIF Nhava Sheva (Taiwan), CIF Mersin (China and USA), CIF Callao (USA)

Synonym

1-acetoxypropane Propyl ethanoate Propyl ester

Quotation Terms:

10-15 MT (India) 25-28 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 volatile liquid
Purity	99.5%
Boiling Point	101.5 °C
Freezing Point	-93 °C
Vapour Pressure (25 °C)	25 mm Hg
Specific Gravity	0.888
Surface Tension (dynes/cm)	24.4
Autoignition Temperature	380 °C
Liquid Density (20 °C)	0.89 g/cm3
Vapour Density	3.5
Viscosity (20 °C)	0.6

Applications

n-Propyl Acetate is used mainly as a feedstock/intermediate to make other chemicals including: n-Propanol (Propyl Alcohol): A solvent and intermediate used in pharmaceuticals, cosmetics, and as a cleaning agent. Acetic Acid: A key organic acid used in food, chemicals, and as a solvent in industrial processes. Cellulose Acetate: A derivative of cellulose used in the production of films, coatings, and textile fibers. Propyl Acetate-based Esters: Used as solvents in coatings, adhesives, and cleaning products due to their fast evaporation rate. Ethyl Acetate: A solvent commonly used in paints, coatings, and perfumes, known for its low toxicity and fast evaporation. Isopropyl Acetate: A solvent used in coatings, adhesives, and cleaning products, with a fruity odor.

Disclaimer

N-Propyl 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 n-propyl 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 n-Propyl Acetate prices in the market? +

The pricing of n-Propyl Acetate is influenced by several factors, including raw material costs such as propylene, fluctuations in supply and demand within industries like paints, coatings, and adhesives, as well as external elements like geopolitical events, trade tariffs, and energy prices. These factors combine to create variability in pricing depending on global economic conditions.

How does regional production impact n-propyl acetate pricing? +

Regional production plays a significant role in n-propyl acetate pricing. Regions with high production, like Asia-Pacific, tend to have more competitive pricing due to local availability, whereas regions that rely on imports, such as North America and Europe, often face higher costs due to transportation fees, import duties, and potential supply chain disruptions.

What is the latest trend in n-propyl acetate pricing, and how can I secure better rates? +

The latest pricing trends for n-propyl acetate often reflect fluctuations in the cost of raw materials and changes in global supply chains. To secure better rates, procurement heads can consider locking in long-term contracts with suppliers, monitoring global price trends and indices, and optimizing bulk purchasing strategies to take advantage of volume discounts.