ICIS - chemical podcasts

Episode 1041: PODCAST: Asia acetic acid faces patchy demand, additional capacities, downstream etac sees better uptake

07.20.2023 - By ICIS - chemical podcastsPlay

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SINGAPORE (ICIS)--Asia's acetic acid market is seeing patchy demand, while on the supply side, new capacities are expected this year. In the downstream ethyl acetate (etac) market, however, restocking is taking place as exchange rates become more favourable for imports.In this chemical Podcast, ICIS Senior editor Melanie Wee and Markets editor Josh Quah discuss recent market conditions and the outlook for both products in Asia, while ICIS Analyst Yusuf Atcha shares his perspective on the situation in the European market.Acetic acid turnarounds in late Q3 may be offset by new capacity startupsDemand patchy, continues to face macroeconomic headwindsAsia ethyl acetate import demand encouraged by favourable exchange rate

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