In the first half of April xxxx, U.S. n-propyl acetate prices increased, supported by steady feedstock costs and cautious downstream activity. However, broader market sentiment was weighed down by heightened trade uncertainty following the Trump administration’s proposed xxx tariffs on auto imports—revived under the xxxx Section xxx investigation.
With South Korea, Japan, and the EU among the major automotive exporters to the U.S., market participants expressed concern over the ripple effect such measures could have on automotive-related solvent demand, including n-propyl acetate.
Amid subdued industrial and construction-linked activity, buyers continued to adopt short-cycle procurement strategies. Unless clarity emerges around trade policy and downstream recovery strengthens, n-propyl acetate pricing is expected to remain steady but under cautious sentiment.
The Trump administration’s plan to impose up to xxx tariffs on auto imports from major trade partners...
