On February 5th, the delivered price of ethyl acrylate from Shanghai Huayi New Materials in East China was 9,400 yuan/ton, an increase of 100 yuan/ton compared to the previous quoted day, with actual transactions mainly negotiated. PriceSeek analysis of ethyl acrylate: Bull-Bear Score: 1. The spot price of ethyl acrylate rose by 100 yuan/ton to 9,400 yuan/ton, indicating tight supply and demand in the East China market, with increased demand or reduced supply, which is favorable for spot prices. The fact that actual transactions are mainly negotiated reflects higher buyer acceptance, potentially supporting further price increases in the short term.
Acrylic acid, Bull-Bear Score: 0.5. As the primary raw material for ethyl acrylate, its price increase may indirectly drive demand for acrylic acid, which is favorable for spot prices. However, the impact is relatively moderate due to the lag in price transmission, and attention should be paid to actual downstream procurement conditions.
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