January 5th News: On January 5th, the refined acrylic acid market price in South China for Satellite Chemical was 7,100 yuan per ton, a decrease of 100 yuan per ton compared to the previous quoted day. Chempricehub's analysis of acrylic acid shows a bearish score of -1. On January 5th, the spot price of acrylic acid in the South China market fell by 100 yuan per ton to 7,100 yuan per ton, a decline of approximately 1.4%, indicating ample market supply or weak demand, which generally exerts a bearish influence on spot prices. The price drop may be attributed to reduced downstream procurement or capacity expansion, potentially continuing to suppress the spot market in the short term.
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