Ethyl Acetate Price in USA
- United States: 1671 USD/MT
During the second quarter of 2024, the ethyl acetate prices in the United States reached 1671 USD/MT in June.
The latest report by IMARC Group, titled ” Ethyl Acetate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” provides a thorough examination of ethyl acetate prices. This report delves into globally, presenting a detailed analysis, along with informative 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: 979 USD/MT
- Germany: 1293 USD/MT
Report Offering:
- Monthly Updates: Annual Subscription
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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
The ethyl acetate market is driven by several key factors that influence its demand and pricing dynamics. One primary driver is the increasing application of ethyl acetate in various industries, including paints, coatings, adhesives, and textiles, where it is valued for its solvent properties and ability to enhance product performance.
Additionally, the growth of the pharmaceutical and food industries, which utilize ethyl acetate as a solvent in extraction processes, significantly contributes to demand. Another critical factor is the fluctuations in feedstock prices, such as acetic acid and ethanol, which directly affect production costs. Geopolitical events and trade policies can also impact supply chains, leading to price volatility.
Furthermore, sustainability trends are pushing manufacturers to seek eco-friendly alternatives, driving innovation in production methods. The economic conditions in key markets, including construction and manufacturing, play a significant role in shaping the overall demand for ethyl acetate.
Ethyl Acetate Industry Analysis
In the third quarter of 2024, the North American Ethyl Acetate market faced a notable downturn, particularly in the USA, where prices saw the most significant declines. This downward trend was primarily driven by reduced demand from downstream sectors, especially the construction industry, coupled with an abundant supply in the market. The combination of low demand and oversupply created persistent pressure on prices, leading to continuous reductions throughout the quarter. Additionally, fluctuations in feedstock Acetic Acid prices played a role in the pricing dynamics.
In the third quarter of 2024, the Ethyl Acetate market in the Asia-Pacific region encountered considerable difficulties, characterized by ongoing price declines, despite a brief uptick at the start of the quarter. The lack of robust demand from downstream sectors, particularly in paints and coatings essential for construction, played a significant role in shaping a bearish market sentiment. Japan emerged as the focal point for price fluctuations, showing marked declines compared to both the previous quarter and the same period last year.
In the third quarter of 2024, the European Ethyl Acetate market demonstrated a predominantly bearish trend, marked by initial price declines that leveled off in the latter half of the quarter. This overall downward trajectory was influenced by lower feedstock acetic acid costs, which eased production expenses. Key contributors to this market behavior included reduced upstream methanol prices and diminished import costs from China, alongside lackluster demand from downstream industries such as plastics and polyester.
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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