April 28 - On April 28, Shanghai Huayi New Materials' acrylic acid East China delivered price was reported at 12,800 CNY/ton, down 500 CNY/ton from the previous quotation, with transactions subject to negotiation. Chempricehub assesses acrylic acid with a bullish/bearish score of -1.5. The decline of 500 CNY/ton to 12,800 CNY/ton for Shanghai Huayi New Materials' acrylic acid East China delivered price reflects increased market supply or weak demand, putting significant pressure on spot prices. This notable price reduction indicates that transactions are mainly negotiated, enhancing buyers' bargaining power. It is expected that spot prices may continue to decline in the short term. The score of -1.5 is assigned due to the substantial drop, representing a moderately bearish signal, though not yet reaching a significantly bearish level.