On January 13, Wanhua Chemical's butyl acrylate quotation in Northeast China was reported at 8,110 yuan/ton, an increase of 100 yuan/ton compared to the previous quotation date. PriceSeek's analysis of butyl acrylate shows a bullish-bearish score of 1. Wanhua Chemical's spot quotation for butyl acrylate in Northeast China rose by 100 yuan/ton to 8,110 yuan/ton, indicating tightening market supply or increased demand, which directly supports spot prices. The significant increase reflects strong demand in the downstream chemical industry or rising production costs, suggesting that prices may continue to rise in the short term.
Acrylic acid, with a bullish-bearish score of 0.5, serves as the primary raw material for butyl acrylate. The price increase of its downstream product suggests potential strengthening demand for acrylic acid or cost pressure transmission, which indirectly supports acrylic acid spot prices. However, the article does not directly mention acrylic acid quotations, so the impact is relatively mild. Further observation is needed in conjunction with the supply and demand dynamics of the acrylic acid market.