May 14 News – On May 14, Wanhua Chemical's butyl acrylate quotation in Northeast China was 9,160 CNY/ton, down 550 CNY/ton from the previous quotation. Chempricehub evaluates butyl acrylate with a bearish/bullish score of -1.
On May 14, Wanhua Chemical’s butyl acrylate quotation in Northeast China was 9,160 CNY/ton, down 550 CNY/ton from the previous quotation. The significant downward adjustment in spot quotations exerts a moderately bearish influence on butyl acrylate prices, fueling bearish market sentiment and suggesting the possibility of further declines in spot prices.
Acrylic acid, bearish/bullish score: -0.5
Acrylic acid is the core upstream raw material for butyl acrylate. The sharp reduction in downstream butyl acrylate quotations will inversely suppress the market demand and price expectations for acrylic acid, exerting a slightly bearish impact on acrylic acid prices.
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