May 11 News – On May 11, Wanhua Chemical's butyl acrylate quotation in Northeast China stood at 9,710 RMB/ton, down 250 RMB/ton from the previous quotation. Chempricehub's assessment of butyl acrylate: bearish/bullish score -1. Wanhua Chemical, a leading enterprise in China's butyl acrylate industry, reduced its Northeast China quotation for butyl acrylate by 250 RMB/ton to 9,710 RMB/ton compared to the previous quotation day. The decline in spot quotations directly exerts a bearish impact on butyl acrylate spot prices, representing a generally bearish influence.
Acrylic acid: bearish/bullish score -0.5. Butyl acrylate is a core downstream product of acrylic acid. The price reduction in this downstream category will mildly suppress the demand outlook and pricing space for upstream acrylic acid, exerting a slight bearish impact on the acrylic acid market.
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