February 26th News
On February 26, the delivered price of 2-Ethylhexyl Acrylate from Shanghai Huayi New Materials in East China was 9,500 RMB/ton, an increase of 200 RMB/ton compared to the previous quoted date, with actual orders subject to negotiation.
Chempricehub Analysis:
2-Ethylhexyl Acrylate, Bull-Bear Score: 2
The spot price of 2-Ethylhexyl Acrylate increased by 200 RMB/ton to 9,500 RMB/ton compared to the previous quoted date, showing a significant rise. This indicates strong demand or tightening supply in East China, constituting a major positive factor for spot prices. The prevalence of actual order negotiations further supports bullish market sentiment.
Acrylic Acid, Bull-Bear Score: 1
As a derivative of acrylic acid, the price increase of 2-Ethylhexyl Acrylate may reflect rising acrylic acid costs or increased downstream demand, exerting a generally positive impact on acrylic acid spot prices. However, attention should be paid to actual transaction conditions, as the market is primarily driven by negotiations, which may limit the extent of price increases.