The production of acetate esters in my country in December 2024 is as follows: 180,700 tons of ethyl acetate per month; 60,600 tons of butyl acetate; and 34,600 tons of sec-butyl acetate. The production declined in December. One line of ethyl acetate in Lunan was in operation, and the Yongcheng unit and Huayi were both shut down during the month; the operation level of butyl acetate in South China was low, which had a significant impact; the production of sec-butyl acetate was low due to the maintenance of Dingying and Ruiyuan. In December, the production is expected to rise and fall, with ethyl acetate increasing and butyl and sec-butyl acetate declining.
In December 2024, the domestic acetic acid esters production capacity declined. The average monthly production capacity of ethyl acetate was 54.23%, down 2.59 percentage points from the previous month. The line in southern Shandong, Sopo reduced its load, and Huayi and Henan plants were shut down; the average monthly production capacity of butyl acetate was 59.68%, down 2.63 percentage points from the previous month, and the production capacity in southern China was low; the average monthly production capacity of sec-butyl acetate was 60.68%, down 10.23 percentage points from the previous month, and Dingying was greatly affected by maintenance.
Demand: The demand for acetate in December was acceptable. For ethyl acetate, traders bought stocks at low prices during the month, and the market transaction atmosphere was positive. The inventory in southern Shandong has dropped to a low level, and enterprises in East China have mostly delivered export cargoes, with no pressure to ship. For butyl acetate and sec-butyl acetate, the market is cautious about rigid demand, and some stocking before the Spring Festival has started, but they are mostly waiting for lower prices and operating at a low price. Market holders exchange price for volume, and demand has improved temporarily. There are export negotiations for sec-butyl acetate, and the overall transaction is better than that of butyl acetate.
Post time: Jan-11-2025