January 7th News
On January 7th, Wanhua Chemical's acrylic acid quotation in North China was reported at 5,950 yuan/ton, a decrease of 50 yuan/ton compared to the previous quotation date. The 300,000-ton-per-year acrylic acid plant is operating normally.
Chempricehub's analysis of acrylic acid indicates a bearish sentiment score of -1. Wanhua Chemical's acrylic acid quotation in North China dropped by 50 yuan/ton to 5,950 yuan/ton, a decline of approximately 0.84%. The normal operation of the 300,000-ton-per-year plant suggests sufficient market supply and weak demand, exerting a generally bearish impact on spot prices. Spot prices may continue to face downward pressure, and it is advisable to monitor changes in downstream demand.