Price trend
This week, the price of ethyl acrylate had once again dropped. As of April 1st, the benchmark price of ethyl acrylate at SunSirs was 9,350.00 RMB/ton, a decrease of 0.26% compared to last week (9,375.00 RMB/ton). Due to weak downstream demand at the terminal, on-site transactions had been poor.
Analysis review
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 had not increased, and the level of starting load had gradually increased, there were more finished products in inventory in the downstream, the enthusiasm for receiving goods after market inquiry was not high, and the actual turnover of ethyl acrylate market was limited, so the transaction atmosphere was general.
Market outlook
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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