In late April and starting May xxxx, U.S. Butyl Acetate market held stable amid adequate stocks to cover slower downstream inquires. However, the prices escalation is expected soon with major producer like Eastman Chemical Company have announced prices hikes from mid-May for all grades and packages, excluding Eastapure: USD x.xx/lb (USD +x/MT).
This development was instigated due to upcoming seasonal demand from the downstream paints & coating sector. However, escalating trade tensions and looming auto import tariffs—up to xxx under a revived Section xxx investigation—have cast uncertainty over the chemical sector. The proposed tariffs could disrupt automotive supply chains, raise vehicle prices, and trigger retaliatory duties from major partners like South Korea, Japan, and the EU.
Butyl Acetate production in US stayed at moderately rates in early April to align with current soft demand. Butyl...
