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SunSirs: Analysis of the trend of Ethyl Acrylate Market This Week (January 1-5)
January 08 2024 09:39:04SunSirs(John)

The trend of the ethyl acrylate market remained stable this week, as the overall market volume was not large, and most enterprises still focused on long-term sales. In addition, the traditional off-season downstream demand was relatively limited, and market fluctuations were relatively gentle. The secondary market mainly focused on negotiating transactions, actively quoting cautiously, and the buying enthusiasm had not yet recovered. The wait-and-see sentiment was still present, and the trading volume had not increased. The buying and selling positions continued to play games.

The market quotation was based around 10,600 RMB/ton, and actual orders were subject to narrow negotiation. The imbalance between supply and demand in the ethyl acrylate market had continued, and the focus of negotiations in various regions remained stable. Downstream players had once again returned to a wait-and-see state, and the trading atmosphere during the week was flat, with the market entering a consolidation stage.

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