On April 27th, Shanghai Huayi New Materials quoted the price of ethyl acrylate for East China delivery at 14,400 RMB/ton, down 500 RMB/ton from the previous quotation date, with actual transactions subject to negotiation. Chempricehub analysis of ethyl acrylate: bearish/bullish score: -1. The spot price of ethyl acrylate fell by 500 RMB/ton to 14,400 RMB/ton, a decline of approximately 3.5%, indicating ample market supply or weak demand. The emphasis on negotiation for actual transactions further highlights the buyer's bargaining advantage, exerting a generally bearish impact on spot prices.
Acrylic acid: bearish/bullish score: -0.5. As the primary raw material for ethyl acrylate, the price drop in its downstream product may be transmitted to reduced demand for acrylic acid, implying potential inventory pressure or slowing consumption in the market. This has a mildly bearish effect on spot prices, but further confirmation is needed in conjunction with specific supply-demand data.
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