January 12th News
On January 12th, the refined acrylic acid market price in East China for Satellite Chemical was 6,800 yuan/ton, a decrease of 200 yuan/ton compared to the previous quoted day.
Chempricehub Analysis of Acrylic Acid, Bull-Bear Score: -1
On January 12th, the acrylic acid market price in East China decreased by 200 yuan/ton to 6,800 yuan/ton, indicating weak market demand or increased supply, which has exerted significant bearish pressure on spot prices. The price decline may stem from reduced downstream consumption or rising inventory pressure, and it is expected that the spot market will face downward pressure in the short term. A score of -1 indicates a generally bearish outlook.