On January 5, the refined acrylic acid price in the South China market of Satellite Chemical was 7,100 yuan/ton, a decrease of 100 yuan/ton compared to the previous quoted day. PriceSeek analysis of acrylic acid shows a long-short score of -1. On January 5, the spot price of acrylic acid in the South China market fell by 100 yuan/ton to 7,100 yuan/ton, a decline of approximately 1.4%, indicating sufficient market supply or weak demand, which generally exerts a bearish impact on spot prices. The price drop may be attributed to reduced downstream procurement or capacity release, potentially continuing to suppress the spot market in the short term.
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