Recently (1.1-1.9), the price of isooctyl acrylate has risen. According to data from Business Society, as of January 9th, the average price of isooctyl acrylate in East China was 13425 yuan/ton, an increase of 1.90% from the beginning of the month. Prices in various regions are as follows:
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The reference price for the East China market is 14500 yuan/ton; The reference price for the North China market is 14600 yuan/ton, while the reference price for the South China market is 14700 yuan/ton;
Market Review of Isooctyl Acrylate
Recently, the price of isooctyl acrylate has risen significantly, and the market for isooctyl acrylate is mainly affected by the rise in raw materials. The price of raw material butanol has risen, and the cost of isooctyl acrylate manufacturers has increased. The market price support has strengthened, but the downstream transmission speed of traditional off-season terminals is still slow.
Expected future market for isooctyl acrylate
In the short term, the pace of pushing up the price of isooctyl acrylate is gradually slowing down, and the follow-up of actual orders is weak. Intermediaries are gradually firming up from their quotations. Analysts from Business Society believe that isooctyl acrylate may fluctuate and consolidate in the short term, while in the long term, the supply of isooctyl acrylate may gradually slow down due to demand before the Spring Festival. It is recommended that traders operate cautiously.
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