January 23rd — On January 23rd, Wanhua Chemical quoted the price of butyl acrylate in East China at 8,250 yuan/ton, an increase of 200 yuan/ton compared to the previous quotation date. Chempricehub's analysis of butyl acrylate: Bull-Bear Score: 1. The article reports that Wanhua Chemical's butyl acrylate quotation in East China rose by 200 yuan/ton to 8,250 yuan/ton, an increase of approximately 2.42%, indicating tight spot market supply or increased demand, which generally supports the spot price of butyl acrylate. The price increase may stem from rising raw material costs or a recovery in downstream demand, and it is expected that spot prices will maintain an upward trend in the short term.
Acrylic Acid, Bull-Bear Score: 0.5. As a major downstream derivative of acrylic acid, the 200 yuan/ton increase in the quotation of butyl acrylate may reflect the transmission of raw material costs or demand-driven factors for acrylic acid, exerting a slight positive impact on the spot price of acrylic acid. However, the impact is indirect and requires further confirmation based on acrylic acid's own supply and demand data. It is expected that spot prices may experience a moderate upward trend.