SunSirs: Demand Was Weak and It’s Difficult to Boost the Ethyl Acrylate Market
April 03 2024 10:49:45 SunSirs (John)
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.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
- 2024-05-08 SunSirs: The Market Atmosphere Was Weak, and the Ethyl Acrylate Market Was Weak and Stable
- 2024-03-13 SunSirs: Demand Was Weak and the Ethyl Acrylate Market Was Weakly Downward
- 2024-03-06 SunSirs: Downstream Demand Slowed Down, and the Ethyl Acrylate Market Was Operating Weakly
- 2024-02-21 SunSirs: During the Spring Festival, Consolidation Was the Main Focus, and the Market for Ethyl Acrylate May Weaken after the Holiday
- 2024-02-04 SunSirs: The Market for Ethyl Acrylate Tended to Stabilize before the Holiday
