Ethyl Acetate Price in USA
- Unites States: 1734 USD/MT
In December of Q4 2023, ethyl acetate prices in the United States surged to 1734 USD/MT.
The latest report by IMARC Group, titled "Ethyl Acetate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of ethyl acetate prices. This report delves into globally, presenting a detailed analysis, along with informative ethyl acetate price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Ethyl Acetate Prices Analysis:
- Japan: 1013 USD/MT
- Belgium: 1037 USD/MT
Report Offering:
- Monthly Updates: Annual Subscription
- Quarterly Updates: Annual Subscription
- Biannually Updates: Annual Subscription
The study delves into the factors affecting ethyl acetate price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/ethyl-acetate-pricing-report/requestsample
Ethyl Acetate Price Trend- Last Quarter
In Q2 2024, the North American ethyl acetate market saw an initial increase in prices during the first month due to strong market activity and constrained supply, which led to premium pricing. However, this upward trend was short-lived as the market soon experienced a downturn. Despite robust manufacturing activity and an influx of new orders from Europe and Asia, the positive impacts were overshadowed by excess inventories, weak downstream demand, and escalating production costs driven by higher natural gas prices. Additionally, economic uncertainties and fluctuating interest rates in the construction sector further complicated the situation. By the latter half of the quarter, prices continued to decline, reflecting ongoing difficulties in aligning inventories with demand and managing rising production costs.
Ethyl Acetate Industry Analysis
In the Asia-Pacific (APAC) region, the ethyl acetate market in the beginning experienced a rise in prices due to restocking activities. However, this uptick was short-lived as the market soon faced a decline. This downturn was driven by reduced import costs from China, high inventory levels, and weakened demand from key downstream industries, particularly construction. The price drop was further exacerbated by fluctuating upstream methanol prices and cautious procurement practices among buyers. Seasonal factors, such as intensified rainfall, and operational challenges including labor shortages and stringent regulatory conditions in Japan, also contributed to the negative pricing environment. Japan saw significant price reductions, mirroring the broader regional trends and reflecting the ongoing challenges in the market.
The ethyl acetate market in Europe experienced mixed pricing trends throughout the second quarter. Initially, prices were driven up by increased production costs for feedstock acetic acid and high methanol prices, alongside geopolitical tensions affecting shipment routes and raising freight costs. Despite these challenges, strong demand from the construction sector, fueled by increased foreign direct investment and positive economic sentiment, supported high market activity. Germany saw significant price increases, driven by consistent construction activity and constrained supply. However, towards the end of the quarter, prices began to decline as destocking activities helped stabilize supply dynamics.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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