April 28 Report
On April 28, Shanghai Huayi New Materials' ethyl acrylate delivered price in East China was 13,900 RMB/ton, down 500 RMB/ton from the previous quoted day, with actual transactions subject to negotiation.

Chempricehub Analysis of Ethyl Acrylate
Bullish/Bearish Rating: -1

The article indicates that the spot price of ethyl acrylate has decreased by 500 RMB/ton to 13,900 RMB/ton, a decline of approximately 3.6%. This suggests ample market supply or weak downstream demand, with a focus on negotiated transactions highlighting cautious trading. This change poses a bearish impact on spot prices, likely stemming from capacity releases in the chemical industry or weakening end-user consumption. Prices are under pressure in the short term.

A rating of -1 (generally bearish) is assigned based on the moderate magnitude of the price reduction, which has not yet reached a significant level.