Sec-Butyl Acetate Market Was Range-Bound During Aug 11-17, 2017

1. Sec-Butyl Acetate Market Analysis

The sec-butyl ACETATE market was range-bound this week. The operating rate in sec-Butyl Acetate factories was stable. As the inventory was limited, the retail price was firm. Part of middlemen sold sec-butyl acetate which bought in a low price before. The overall sec-Butyl Acetate market was weak and fluctuated marginally. The operating rate in downstream was low. Few inquiries were heard and some orders were in small amount.

Up to August 17, the negotiation price of sec-butyl acetate in East China was in the range of RMB 4,450-4,750/mt, while it in South China was in the range of RMB 4,900-4,950/mt. The delivered negotiation prices of sec-butyl acetate in North China were in the range of RMB 4,250-4,800/mt. The delivered negotiation prices of sec-butyl acetate in Shandong were in the range of RMB 4,250-4,800/mt.

2. Forecast

The sec-butyl acetate factories will be reluctant to sell goods at low prices, and the traders will show active attitude to sell sec-butyl acetate. However, the downstream users will show poor interest in buying, and the consumption for sec-butyl acetate will be limited. The supply-demand in sec-butyl acetate market will hard to change. It is predicted that Chinese sec-butyl acetate market will fluctuate within a narrow range next week.