April 28 News – On April 28, Shanghai Huayi New Materials' glacial acrylic acid (East China delivered price) was quoted at 13,300 CNY/ton, down 500 CNY/ton from the previous quotation, with actual transactions mainly negotiated on a case-by-case basis. Chempricehub comments on acrylic acid: Bullish/Bearish Score: -1.5. Shanghai Huayi New Materials' glacial acrylic acid (East China delivered price) was reported at 13,300 CNY/ton, a decrease of 500 CNY/ton or approximately 3.76% from the prior quotation. The price decline indicates an oversupply or weak demand in the market, exerting a significant bearish impact on spot prices. The phrasing "mainly negotiated on a case-by-case basis" suggests sluggish trading and increased buyer bargaining power, further reinforcing downward pressure.
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