North America Ethyl Acetate Prices Movement Q3:
Ethyl Acetate Prices in United States:
In September 2024, ethyl acetate prices in the United States for Q3 settled at 1,550 USD/MT, reflecting a downward trend throughout the quarter. The price decline was primarily driven by weak demand across key sectors like coatings and adhesives, coupled with ample supply in the market. Oversupply conditions, combined with cautious purchasing behavior from buyers, led to reduced market activity and sustained downward pressure on prices. Despite sufficient availability of the product, the limited consumption created a persistent supply-demand imbalance. This bearish market environment resulted in continued price decreases, with no immediate signs of recovery by the end of the quarter.
APAC Ethyl Acetate Prices Movement Q3:
Ethyl Acetate Prices in Japan:
In Japan, ethyl acetate prices for Q3 2024 settled at 920 USD/MT in September, marking a continued decline. This drop was largely driven by lower feedstock costs and a significant reduction in demand from the construction sector. A slowdown in production activities across several industries further contributed to the bearish market sentiment, deepening the price decrease. With economic conditions remaining weak, the overall decline in consumption and the subdued demand outlook for ethyl acetate in key sectors led to a consistent fall in prices throughout the quarter, highlighting the cautious and challenging market environment.
Europe Ethyl Acetate Price Movement Q3:
In Germany, ethyl acetate prices for Q3 2024 reached 1130 USD/MT in September, reflecting a decline driven by lower feedstock costs, particularly from acetic acid, and an oversupply in the market. Weak demand from key sectors further contributed to the bearish sentiment, intensifying downward pressure on prices. Despite some stability in the latter half of the quarter, an excess of PTA production and cheaper imports continued to exert downward pressure on the market. These factors resulted in a subdued outlook, with no immediate price recovery anticipated, mirroring the broader bearish sentiment prevailing across Europe.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Ethyl Acetate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Ethyl Acetate price trend, offering key insights into global Ethyl Acetate market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Ethyl Acetate demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
Request to Get the Sample Report: https://www.imarcgroup.com/ethyl-acetate-pricing-report/requestsample
Key Coverage:
- Market Analysis
- Market Breakup by Region
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Price Analysis
- Spot Prices by Major Ports
- Price Breakup
- Price Trends by Region
- Factors influencing the Price Trends
- Market Drivers, Restraints, and Opportunities
- Competitive Landscape
- Recent Developments
- Global Event Analysis
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