Recently, the market trend of ethyl acrylate has also remained stable. According to data from Business Society, as of January 9th, the average price of isooctyl acrylate in Shandong was 10600 yuan/ton, a decrease of 3.64% from the beginning of last month. The market price of ethyl acrylate in East China was 10600 yuan/ton, and in North China it was 10700 yuan/ton; The market price in South China is 10800 yuan/ton.
Due to the overall small market size of ethyl acrylate and relatively limited downstream demand during the traditional off-season, market fluctuations are relatively mild. However, due to the impact of rising prices of related products such as butyl acrylate, the market prices have also been relatively strong recently.
At present, the rise of the ethyl acrylate market is mainly affected by the rise of raw materials. However, the downstream transmission speed of traditional off-season terminals is still slow. With the end of downstream replenishment, analysts from Business Society believe that market participants still have some concerns about the future market. However, some products are still experiencing losses without significant improvement, and it is expected that the ethyl acrylate market may still passively follow the trend of raw material prices.
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