Weak demand and difficulty in boosting the ethyl acrylate market

This week, the price of ethyl acrylate has once again dropped. As of April 1st, the benchmark price of ethyl acrylate at Shengyishe was 9350.00 yuan/ton, a decrease of -0.26% compared to last week (9375.00 yuan/ton). Due to weak downstream demand at the terminal, on-site transactions have been poor.

 

From the perspective of market transaction atmosphere, due to the fact that the demand for downstream tape master rolls, acrylic acid lotion and other industries has not increased, and the level of starting load has gradually increased, there are more finished products in inventory in the downstream, the enthusiasm for receiving goods after market inquiry is not high, and the actual turnover of ethyl acrylate market is limited, so the transaction atmosphere is general.

 

Overall, due to the short working days this week and limited changes in supply and demand as well as cost, it is expected that there will be no significant fluctuations in the price of ethyl acrylate this week.

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