January 15th News
On January 15th, the market price of 2-ethylhexyl acrylate (2-EHA) in East China was reported at 9,100 RMB/ton by Satellite Chemical, representing an increase of 100 RMB/ton compared to the previous quoted date.
Chempricehub Analysis:
**2-Ethylhexyl Acrylate (2-EHA)**
Bull-Bear Score: 1
The article indicates that the market price of 2-EHA in East China rose by 100 RMB/ton to 9,100 RMB/ton, suggesting an increase in spot demand or tight supply, which is favorable for prices. This increase of approximately 1.1% is considered a moderate rise, reflecting short-term positive market sentiment and exerting a generally positive impact on spot prices.
**Acrylic Acid**
Bull-Bear Score: 1
As the primary raw material for 2-EHA, the price increase of its derivative may lead to higher demand for acrylic acid, which is favorable for spot prices. Although the article does not directly mention acrylic acid prices, the expectation of increased raw material demand supports the market. The moderate price rise is considered a generally positive influence.