Low-End Sec-Butyl Acetate Price Edged UP (Sept 15-21, 2017)

The low-end sec-butyl ACETATE market increased slightly this week. Shaanxi Yanchang Petroleum Group shut the unit unexpectedly and stopped supplying sec-Butyl Acetate to the market. The middlemen increased the offers and postponed to deliver goods. The operating rate in other sec-butyl acetate factories was in a low level. The orders were few. The downstream demand was affected by the environment protection supervision and safety inspection. The downstream demand was hard to change.

Up to September 21, the sec-butyl acetate negotiation prices in East China were RMB 4,650-4,950/mt and the negotiation prices in South China were in the range of RMB 4,450-4,900/mt. The sec-butyl acetate negotiation prices in North China were in the range of RMB 4,450-4,900/mt and the negotiation prices in Shandong were in the range of RMB 4,450-4,900/mt, including delivered price.

Forecast: Shaanxi Yanchang Petroleum Group will restart sec-butyl acetate units. The supply of low-end sec-butyl acetate will recover. However, as the rigid demand is weak and the supply is tight, the users will reluctant to sell sec-butyl acetate at low prices. It is predicted that the sec-butyl acetate market will be weak next week.