1. Butac import spot prices to come under pressure.
- Author
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Su, Eric, Yap, Trixie, Lee, Helen, and Huang, Trisha
- Subjects
BUTYL acetate ,BUTANOL ,ACETIC acid ,CHEMICAL sales & prices ,CHEMICAL industry ,PRICES ,FORECASTING - Abstract
The article reports on the pressure in Asia butyl acetate (butac) import prices in November 2015 due to declining demand in the fourth quarter of 2015 (Q4 2015). Topics covered include declining prices of feedstock n-butanol (NBA) and acetic acid (AA), high butac inventory stock and price reductions to move stock volumes. Also mentioned are increasing NBA cargoes from the Middle East driving down prices in Northeast Asia and difficulty for producers to reduce margins for increasing sales.
- Published
- 2015