Product
Ethyl Acetate Price Trend and Forecast
Ethyl Acetate Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Ethyl Acetate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
In the first quarter of 2022, Ethyl Acetate prices in India were reported to be 1159 USD/MT ex-Kandla and 1186 USD/MT ex-Mumbai. Prices remained constant at the lower end due to a lacklustre trading environment and product saturation in the regional market. Even though the supply was plentiful, demand was weak.
Additionally, the government reduced the production tax on key chemicals, such as acetic acid and methanol, which lowered domestic prices. Upstream natural gas prices increased in response to geopolitical tensions between Russia and Ukraine, while stocks of Indian companies with exposure to Europe has fallen amid concerns about the impact on their sales if the Russia-Ukraine crisis worsens and the US and its allies impose financial sanctions on Russia.
Procurement Resource provides latest prices of Ethyl Acetate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customization of price currencies and unit; extraction of price data as excel files to be used offline.
About
Ethyl Acetate is a carboxylate ester. It is a colourless liquid that has a sweet, fruity odour that most people find pleasant. Ethyl Acetate is a polar aprotic solvent. It has two dipole moments, generated by its two high electronegative oxygen atoms, which are on the carbonyl and ethyl groups.
Ethyl Acetate is a standard solvent, which is especially used for paints, varnishes, lacquers, cleaning, and perfumes. In a laboratory, Ethyl Acetate is used as a universal solvent in the process of thin-layer and column chromatography.
Product Details
| Report Features | Details |
| Product Name | Ethyl Acetate |
| Industrial Uses | Artificial Fruit Essence, Aroma Enhancers, Artificial Flavours for Confectionary, Ice Cream and Cakes, Solvent for Varnishes and Paints, Printing Inks, Perfumes |
| Chemical Formula | CH3COOC2H5 |
| Synonyms | 141-78-6, Ethyl Ethanoate , Acetic Acid Ethyl Ester, Acetoxyethane, Acetic Ester |
| Molecular Weight | 88.11g/mol |
| Supplier Database | Solvay S.A, Merck KGaA, Jiangsu Sopo Corporation (Group) Ltd , Celanese Corporation |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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 Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of Ethyl Acetate via Fischer Esterification; via Dehydrogenation of Ethanol; and via Tishchenko Reaction
Ethyl Acetate is produced from the reaction of ethanol and acetic acid. The process includes a small amount of sulphuric acid to be preheated and then refluxed by feeding it into an esterifying column.
The mixture then goes through to a second refluxing column, to remove around 85% ethyl acetate. Then, the water is mixed and it causes a separation into two layers. The residue is then fed into another refluxing column to remove any final impurities to manufacture 95% Ethyl Acetate.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Table Of Contents
Assistance from Experts
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Client's Satisfaction
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Assured Quality
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.