On January 29, Wanhua Chemical's butyl acrylate quotation in South China was reported at 8,600 yuan/ton, an increase of 300 yuan/ton compared to the previous quotation date. PriceSeek's analysis of butyl acrylate shows a bullish-bearish score of 1. The article indicates that Wanhua Chemical's spot quotation for butyl acrylate in South China rose by 300 yuan/ton to 8,600 yuan/ton, representing an increase of approximately 3.5%. This suggests tight market supply or increased downstream demand, which constitutes a significant positive impact on the spot price of butyl acrylate. The price increase may be attributed to rising raw material costs or regional supply-demand imbalances. It is expected that spot prices will maintain an upward trend in the short term.
Comments
0