SunSirs: Analysis of the Market Trend of Isooctyl Acrylate this Week (January 1-5)
January 10 2024 10:35:32 SunSirs (John)
Price trend and Analysis review
This week, the price of isooctyl acrylate increased significantly, and the rise in the isooctyl acrylate market was mainly affected by the rise in raw materials. During the week, the price of raw material 2-EH increased, and the cost of isooctyl acrylate manufacturers increased, leading to stronger market support. However, the traditional off-season terminal downstream transmission speed was still slow, and as of this Friday, the market reference price was around 13,425 RMB/ton.
Market outlook
Overall, the cost side 2-EH market price of isooctyl acrylate had increased, and there was no significant improvement in demand. SunSirs' isooctyl acrylate analyst predicts that the market for isooctyl acrylate will mainly fluctuate and consolidate next week.
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