March 4th News
On March 4th, Wanhua Chemical's acrylic acid quotation in East China was 7,050 yuan/ton, an increase of 200 yuan/ton compared to the previous quotation date. The 300,000-ton annual capacity acrylic acid plant is operating normally.
Chempricehub's analysis of acrylic acid: Bullish-Bearish Score: 1.5
The article reports that the spot price of acrylic acid has increased by 200 yuan/ton to 7,050 yuan/ton, with the 300,000-ton annual capacity plant operating normally, indicating strong market demand and stable supply, which is favorable for the spot price. This significant increase (approximately 2.84%) reflects short-term improvements in supply and demand, but its impact on the overall market is moderate and has not reached an extremely bullish level.