Recently (3.6-3.20), the market for isooctyl acrylate has experienced a wide range of fluctuations, with significant fluctuations in market prices. The raw material octanol has fluctuated downward, and the downstream demand has not fully recovered. In the limited situation of external stimuli such as cost and demand, the market for isooctyl acrylate has experienced a significant decline. As of March 20th, the reference price of isooctyl acrylate was 13375.00 yuan/ton, a decrease of 3.60% compared to March 6th (13875.00 yuan/ton).

For example, in the Shandong market, the recent raw material octanol has been operating in the range of 11500-12400 yuan/ton, with an overall fluctuation space of 900 yuan/ton. Another raw material, acrylic acid, has limited overall fluctuation, with acrylic acid in the East China market operating in the range of 6200-6300 yuan/ton. Faced with the fluctuation of raw materials such as octanol and acrylic acid, the cost pressure of isooctyl acrylate has decreased, and there is a relatively stable profit margin in the industry.

The demand side is weak, and merchants continue to actively ship as the main trend. Demand recovery is less than expected, causing resistance from merchants in shipping. On the one hand, the return to market node of the terminal industry has been delayed, and on the other hand, the cautious sentiment of terminal purchasing remains unchanged, basically maintaining the level of small orders in demand. In the situation of poor shipment by acrylic acid isooctyl ester merchants, there is a certain phenomenon of lower profit margins, especially in the situation of sufficient supply. In order to alleviate shipment resistance, the market low price continues to increase. However, considering cost factors, the market decline space of acrylic acid isooctyl ester is limited.

In the market operation, there is also a certain rebound situation in the isooctyl acrylate industry, but the rebound effect is mediocre. Business Society analysts predict that next week’s market, although there are certain expectations, the industry will still mainly consume inventory. With the maintenance of supply and demand surplus, there is still room for the center of gravity of isooctyl acrylate to fall, but the market will still be mainly based on the stage, and attention will be paid to the dynamics of raw material octanol.