December 25th News
On December 25th, Wanhua Chemical's acrylic acid quotation in East China was reported at 5,950 yuan/ton, a decrease of 50 yuan/ton compared to the previous quotation day. The 300,000-ton annual capacity acrylic acid plant is operating normally.
Chempricehub Analysis on Acrylic Acid, Bull-Bear Score: -1
Wanhua Chemical's acrylic acid quotation in East China dropped by 50 yuan/ton to 5,950 yuan/ton, with the 300,000-ton annual capacity plant operating normally, ensuring stable supply. The price decline indicates weak market demand or oversupply, exerting downward pressure on spot prices. The score is mildly bearish (-1), as although the drop is not extreme, sustained ample supply may intensify the downward trend.