On February 3, the delivered price of ethyl acrylate from Shanghai Huayi New Materials in East China was 9,300 yuan/ton, an increase of 100 yuan/ton compared to the previous quotation date, with actual transactions primarily negotiated. PriceSeek analysis for ethyl acrylate: Bullish/Bearish Score: 1. The delivered price of ethyl acrylate in East China rose by 100 yuan/ton to 9,300 yuan/ton, indicating stronger market demand or tightening supply, which directly benefits spot prices. The prevalence of negotiated actual transactions reflects increased market activity, supporting short-term bullish expectations.
Acrylic acid, Bullish/Bearish Score: 1. As a downstream derivative of acrylic acid, the price increase of ethyl acrylate may drive up demand for acrylic acid raw materials, indirectly benefiting spot prices of acrylic acid. The enhanced cost transmission effect boosts market confidence, benefiting upstream suppliers.
Comments
0