Analysis of Acetate Ester Production and Demand Changes in China for February 2025

In February 2025, the production of acetate esters in China showed a decline due to the impact of the Spring Festival, with many companies reducing their operating rates or halting production. Most plants resumed operations around February 10th, significantly affecting overall production for the month. As a result, the production levels for acetate esters in February were lower.

The production data for acetate esters in China for February 2025 is as follows:

- Ethyl Acetate: 180,000 tons

- Butyl Acetate: 44,100 tons

- Iso-butyl Acetate: 36,500 tons

Overall, production declined in February, influenced by the Spring Festival holiday, with many companies reducing their load or halting operations. Most facilities resumed production around February 10th, which had a notable impact on overall output. For March, production is expected to rise as there are more working days compared to February, and fewer maintenance shutdowns are expected.

Operating Rates in February 2025:

- Ethyl Acetate: 59.20%, down by 1.05 percentage points compared to the previous month.

- Butyl Acetate: 48.06%, down by 2.09 percentage points compared to the previous month.

- Iso-butyl Acetate: 71%, down by 3.07 percentage points compared to the previous month.

The decline in operating rates is attributed to reduced production and shutdowns during the Spring Festival.

Demand Situation:

Demand for acetate esters in February showed mixed results:

- Ethyl Acetate: The demand from downstream and end-users showed signs of recovery, but the recovery was below expectations. Aside from essential demand, there was limited new spot demand. However, some companies had export orders, which helped maintain overall consumption. Companies did not report significant inventory pressure.

- Butyl Acetate: The demand was weaker, with both supply and demand showing a weak performance in February. Companies started production later in the month, and terminal consumption saw only limited improvement. Market participants were cautious, waiting for lower prices, with some low-price purchases occurring near the end of the month. The market atmosphere showed some recovery, and Butyl Acetate prices were hovering near the cost line.

- Iso-butyl Acetate: Export orders helped support prices, but demand from downstream and end-users was weak. Despite the high price levels, market participants were cautious, and some previous low-price contracts remained unfulfilled.