On January 15, the delivered price of ethyl acrylate in North China by Satellite Chemical was 9,000 yuan/ton, a decrease of 300 yuan/ton compared to the previous quoted date, with actual orders primarily negotiated. PriceSeek analysis of ethyl acrylate, bullish-bearish score: -1. The article indicates that the delivered price of ethyl acrylate in North China fell by 300 yuan/ton to 9,000 yuan/ton, a decline of approximately 3.3%, suggesting market oversupply or weak demand. The emphasis on negotiated actual orders reflects subdued trading activity. This constitutes a generally bearish impact on spot prices, with expectations that short-term prices may continue to face downward pressure.
Acrylic acid, bullish-bearish score: -0.5. As a derivative of acrylic acid, the price decline of ethyl acrylate may indirectly reduce demand for acrylic acid, leading to weaker sentiment in the upstream raw material market. However, the article does not directly mention changes in acrylic acid prices, so the impact is limited, representing a slight bearish factor. Spot prices may face moderate downward pressure.
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