For the Quarter Ending December 2025
North America
• In USA, the Ethyl Acetate Price Index fell by 5.05% quarter-over-quarter, reflecting weaker domestic demand.
• The average Ethyl Acetate price for the quarter was approximately USD 1302.33/MT reported in totals.
• Ethyl Acetate Spot Price remained range-bound as Gulf Coast supplies and imports maintained consistent availability.
• Ethyl Acetate Production Cost Trend showed ethanol firming while acetic acid costs stayed broadly unchanged.
• Ethyl Acetate Demand Outlook remained subdued seasonally as coatings and packaging procurement softened into year-end.
• Ethyl Acetate Price Index movement reflected inventories, export flows, and rail freight affecting delivered costs.
• Ethyl Acetate Price Forecast expects range-bound volatility driven by seasonal restocking and export demand variability.
• Producer operations remained steady with Gulf Coast plants at near-nominal rates, limiting upside in pricing.
Why did the price of Ethyl Acetate change in December 2025 in North America?
• Balanced supply and imports maintained availability, exerting downward pressure on Ethyl Acetate prices in December.
• Ethanol feedstock firming narrowed producer margins, limiting sellers' pricing power despite stable acetic acid costs.
• Elevated rail premiums and Midwest logistics raised landed costs, sustaining price differentials and tempering demand.
APAC
• In Japan, the Ethyl Acetate Price Index fell by 3.69% quarter-over-quarter, reflecting softer downstream demand and steady imports.
• The average Ethyl Acetate price for the quarter was approximately USD 757.00/MT, reflecting Osaka assessments and stable spot indications.
• Ethyl Acetate Spot Price firmed in December due to higher freight, tighter Southeast-Asian export availability, and weaker yen.
• Ethyl Acetate Price Forecast points to modest volatility as seasonal restocking offsets possible feedstock cost easing.
• Ethyl Acetate Production Cost Trend showed upward pressure from acetic acid and freight surcharges during December.
• Ethyl Acetate Demand Outlook remains mixed with robust packaging and coatings restocking yet weaker automotive and ink sector activity.
• Ethyl Acetate Price Index signals stability across November but a December uptick driven by logistics and feedstock disruptions.
• Inventory and export demand squeezed supplies as high berth utilisation and diverted regional cargoes tightened immediate availability.
Why did the price of Ethyl Acetate change in December 2025 in APAC?
• Higher freight and diverted regional cargoes raised landed costs and tightened CFR supply into Japan.
• Upward acetic acid and methanol cost pressures increased producer margins, prompting sellers to lift offers.
• Weaker yen amplified dollar-denominated import burdens while seasonal restocking sustained buying, limiting price downside pressure.
Europe
• In Germany, the Ethyl Acetate Price Index fell by 5.15% quarter-over-quarter, reflecting weaker spot liquidity.
• The average Ethyl Acetate price for the quarter was approximately USD 1037.67/MT, per FD Karlsruhe.
• Ethyl Acetate Spot Price remained tight due to limited prompt cargoes, while Price Index eased.
• Ethyl Acetate Production Cost Trend firmed on higher acetic acid and energy-linked utility charges today.
• Ethyl Acetate Demand Outlook showed steady offtake from coatings, packaging and pharmaceutical sectors supporting consumption.
• Ethyl Acetate Price Forecast signals limited downside given balanced supply and lean terminal inventories today.
• Ethyl Acetate Price Index reflected high operating reliability, selective exports and light ARA import volumes.
• Ethyl Acetate Spot Price sensitivity remained to euro exchange moves, Rhine logistics and feedstock availability.
Why did the price of Ethyl Acetate change in December 2025 in Europe?
• Domestic prompt availability tightened as producers prioritized contracts, creating modest upward pressure in early December.
• Firmer acetic acid and gas power tariffs raised conversion expenses, underpinning Ethyl Acetate cost trends.
• Steady demand from packaging and coatings limited destocking, preventing declines in Ethyl Acetate Price Index.
For the Quarter Ending September 2025
North America
• In USA, the Ethyl Acetate Price Index fell by 8.76% quarter-over-quarter, reflecting excess supply pressure.
• The average Ethyl Acetate price this quarter approximated USD 1371.67/MT, reflecting mixed FOB trade levels.
• Ethyl Acetate Spot Price remained pressured by ample inventories and competitive Asian-origin import offers persistently.
• Ethyl Acetate Production Cost Trend showed easing as methanol and acetic acid eased supporting.
• Ethyl Acetate Demand Outlook remains weak with construction and coatings underperformance offsetting packaging stability constraints.
• Ethyl Acetate Price Forecast indicates limited near-term upside absent feedstock spikes or unexpected plant outages.
• Ethyl Acetate Price Index showed slight late-September firmness driven by restocking and constrained prompt availability.
• Gulf Coast plant reliability sustained supply while inventories and freight influenced delivered Ethyl Acetate offers.
Why did the price of Ethyl Acetate change in September 2025 in North America?
• Ample domestic inventories and competitive Asian-origin imports reduced seller urgency, exerting downward pressure on prices.
• Soft construction-linked demand and cautious buying limited bulk procurement, damping Ethyl Acetate Price Index recovery.
• Feedstock cost relief from methanol and acetic acid eased production costs, capping near-term pricing momentum.
APAC
• In Japan, the Ethyl Acetate Price Index fell by 11.19% quarter-over-quarter, driven by weak demand.
• The average Ethyl Acetate price for the quarter was approximately USD 786.00/MT, based on Osaka.
• Ethyl Acetate Spot Price softened as imports arrived and buyers restricted purchases to essential needs.
• Ethyl Acetate Price Forecast remains rangebound short-term unless regional feedstock costs increase materially during autumn.
• Ethyl Acetate Production Cost Trend: acetic acid softened while ethanol and freight supported landed costs.
• Ethyl Acetate Demand Outlook subdued as coatings and packaging procure cautiously, favoring just-in-time inventory strategies.
• Ethyl Acetate Price Index pressured by ample imports and inventories, offsetting currency-related landed cost support.
• Operational cutbacks at select domestic units provided limited support, utilization remained moderate amid weak offtake.
Why did the price of Ethyl Acetate change in September 2025 in APAC?
• Uninterrupted import arrivals increased supply during September 2025, exerting downward pressure on Ethyl Acetate prices.
• Soft consumption from coatings and packaging reduced call-offs, reinforcing Ethyl Acetate price weakness in APAC.
• Stable methanol and ethanol costs limited input inflation, and smooth logistics kept upward pressure muted.
Europe
• In Germany, the Ethyl Acetate Price Index fell by 7.3% quarter-over-quarter, reflecting weaker downstream demand.
• The average Ethyl Acetate price for the quarter was USD 1094.00/MT, reflecting stable feedstock costs.
• Ethyl Acetate Spot Price remained pressured amid ample plant output, elevated inventories and export inquiries.
• Ethyl Acetate Price Forecast points to rangebound performance absent significant shifts in acetic acid feedstock.
• Ethyl Acetate Production Cost Trend remained muted as acetic acid and ethanol costs recently stabilised.
• Ethyl Acetate Demand Outlook shows cautious restocking by converters, constrained coatings purchases, subdued construction consumption.
• Balanced supply and operations at BASF and Oxea supported Ethyl Acetate Price Index near lows.
• Logistics strains and Rhine low-water surcharges tightened availability, affecting spot availability and short-term trading patterns.
Why did the price of Ethyl Acetate change in September 2025 in Europe?
• Elevated domestic output and healthy inventories reduced upward pressure, increasing downward momentum on spot prices.
• Subdued coatings and construction demand limited restocking, suppressing bids despite stable feedstock cost structures overall.
• Regional logistics issues and Rhine transport surcharges raised delivery costs, altering trade flows and availability.
For the Quarter Ending June 2025
North America (USA)
• The Ethyl Acetate Price Index averaged USD 1,503/MT FOB USGC in Q2 2025, reflecting mild downward pressure as industrial coatings and adhesives demand softened.
• The Ethyl Acetate Spot Price stayed flat, with most buyers relying on contractual volumes due to cautious restocking amid muted construction-linked solvent demand.
• Why did the price change in July 2025?
• Prices are projected to decrease slightly as inventories build and feedstock ethanol costs remain steady, while subdued coatings and packaging activity continues to weigh on domestic consumption.
• The Ethyl Acetate Production Cost Trend eased through Q2 with lower energy inputs, helping producers preserve margins despite softer demand.
• The Ethyl Acetate Demand Outlook remains slightly bearish into Q3 2025, with adhesives and seasonal coatings unable to offset broader industrial solvent slowdowns.
Europe (Germany)
• The Ethyl Acetate Price Index averaged USD 1,180/MT FD Karlsruhe in Q2 2025, edging higher on tighter Asian export flows and elevated freight surcharges despite flat regional demand.
• The Ethyl Acetate Spot Price was steady, with buyers sticking to minimum purchase cycles as eurozone coatings and adhesives demand stayed weak.
• Why did the price change in July 2025?
• Prices are projected to remain stable to slightly higher, supported by rising replacement costs from Asia and freight, though sluggish domestic end-use markets will cap upside.
• The Ethyl Acetate Production Cost Trend inched up during Q2, driven by freight surcharges and ethanol adjustments, adding mild pressure on producer margins.
• The Ethyl Acetate Demand Outlook is neutral, with export activity to Italy and France providing a floor while construction-linked sectors remain soft.
Asia-Pacific (China)
• The Ethyl Acetate Price Index averaged USD 926/MT FOB Qingdao in Q2 2025, falling notably due to weak export demand from India and Southeast Asia, and subdued coatings sector activity domestically.
• The Ethyl Acetate Spot Price reflected soft sentiment as buyers procured only for immediate needs, while producers trimmed operating rates to manage stockpiles.
• Why did the price change in July 2025?
• Prices are projected to stabilize or rise slightly, aided by Indian and Southeast Asian restocking ahead of late-Q3 demand and firmer acetic acid feedstock costs.
• The Ethyl Acetate Production Cost Trend firmed modestly in late Q2 as acetic acid strengthened despite weak methanol, tightening margins.
• The Ethyl Acetate Demand Outlook is steady-to-cautious, with seasonal gains in packaging and coatings only partly offsetting continued weakness in textiles, dyes, and export segments.
For the Quarter Ending March 2025
North America
Ethyl Acetate prices in the U.S. averaged USD 1534/MT FOB USGC during Q1 2025, showing a 2.4% increase from Q4 2024’s average of USD 1504/MT, but a 7.8% decline compared to Q1 2024’s average of USD 1660/MT. Prices peaked at USD 1545 in February amid brief supply constraints, before softening slightly in March.
Early in the quarter, supply tightness was driven by shutdowns at Eastman Chemical in January and limited feedstock availability—particularly acetic acid and ethanol. Despite mild cost support from feedstocks, production costs remained manageable, while falling freight rates helped ease export logistics.
Demand surged in January, supported by coatings, adhesives, pharmaceuticals, and packaging, especially amid increased nonresidential construction planning. However, by February and March, higher building costs, labor shortages, and global trade uncertainty led to softer demand from key sectors.
Manufacturers adjusted operating rates in response to changing market conditions, ensuring balanced inventories. Overall, Q1 reflected a mildly bullish trend driven by early quarter supply constraints, followed by demand moderation. Price direction in Q2 will depend on construction recovery and downstream purchasing momentum.
APAC
During Q1 2025, Ethyl Acetate prices in China averaged USD 874/MT FOB Jiangsu, showing a 1.7% increase over Q4 2024’s average, but a 10.8% decline from Q1 2024’s average. Prices edged higher in March from January, supported by temporary production adjustments. Despite planned plant shutdowns in January and reduced operating rates in March, domestic supply remained sufficient throughout the quarter. Feedstock acetic acid and ethanol prices stayed subdued, offering limited cost support. Export orders remained steady, helping balance excess domestic capacity and stabilize market sentiment. Downstream demand held firm, particularly from paints, coatings, adhesives, and pharmaceuticals. While pre-Lunar New Year stocking slowed in late January and early February, seasonal restocking resumed in March. However, muted domestic sentiment, oversupply concerns, and limited cost-driven price support capped aggressive price movements. In summary, Q1 2025 reflected a moderately bullish trend in an otherwise balanced market. Unless significant shifts occur in feedstock pricing or construction-linked demand, Ethyl Acetate prices are expected to remain stable with slight upside potential in Q2.
Europe
In Q1 2025, Ethyl Acetate prices in Germany rose steadily, averaging USD 1111/MT FD Karlsruhe, reflecting a 6.7% increase from Q4 2024’s average, but still 6.8% lower year-on-year than Q1 2024’s average. Prices climbed from January to March, driven by higher import costs and tightening supply.
Domestic production remained stable, and steady imports prevented shortages. However, mild supply-side pressure from earlier acetic acid tightness and ethanol fluctuations—combined with improved logistics from falling freight rates—created pricing momentum. Yet overall cost pressures remained muted.
Demand from downstream paints, coatings, adhesives, and printing sectors remained soft due to ongoing construction sector weakness, particularly in residential and civil infrastructure. Despite a modest February improvement, high borrowing costs, inflation, and project delays limited any major recovery.
Germany’s industrial sentiment continued to struggle, while macroeconomic headwinds—including EU trade tensions and stagnant export demand—kept procurement cautious. As a result, Q1 pricing gains reflected supply tightness more than real demand growth, with Q2 trends hinging on downstream recovery and feedstock stability.
