March 23 News: Starting from March 20, 2026, Pinghu Petrochemical, a wholly-owned subsidiary of Satellite Chemical, will conduct a 15-day routine maintenance on its 270,000-ton-per-year acrylic acid and 200,000-ton-per-year butyl acrylate units. Chempricehub Analysis:
Acrylic Acid, Bull-Bear Score: 1.5
The routine maintenance of the units will reduce supply by 270,000 tons of capacity. In the short term, the supply of acrylic acid in the spot market is expected to tighten, potentially driving up prices. The 15-day maintenance period, although routine, is of a significant scale, which is favorable for the spot market.
Butyl Acrylate, Bull-Bear Score: 1.5
The maintenance of the 200,000-ton-per-year unit will reduce supply. With relatively stable demand for butyl acrylate in the spot market, the supply shortage may trigger price increases. The 15-day maintenance period will provide short-term positive support for the market.