March 17th News
On March 17th, the delivered price of ethyl acrylate from Shanghai Huayi New Materials in East China was 14,600 yuan/ton, an increase of 300 yuan/ton compared to the previous quoted day, with actual transactions primarily negotiated.
Chempricehub Analysis
Ethyl Acrylate, Bull-Bear Score: 1
The article reports that the delivered price of ethyl acrylate in East China has increased by 300 yuan/ton to 14,600 yuan/ton, reflecting tight market supply or increased demand, which has a significant positive impact on spot prices. The fact that actual transactions are primarily negotiated indicates strong price support, but attention should be paid to subsequent negotiation fluctuations.
Acrylic Acid, Bull-Bear Score: 0.5
As the main raw material for ethyl acrylate, the price increase of its downstream product may indirectly boost the demand for acrylic acid, having a slight positive impact on spot prices. However, the article does not directly mention changes in acrylic acid prices, so further observation is needed in conjunction with market supply and demand.
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