April 23 News – On April 23, Wanhua Chemical’s acrylic acid price in East China was quoted at 11,450 RMB/ton, down 500 RMB/ton from the previous quotation. The company’s 300,000-ton-per-annum acrylic acid plant is operating normally. According to Chempricehub’s analysis of acrylic acid, the bullish-bearish rating is -1. The 500 RMB/ton decline in the acrylic acid quotation, representing a drop of approximately 4.4%, indicates weakened market demand or heightened risk of supply surplus. Normal plant operations reinforce expectations of stable supply, potentially further depressing spot prices. As a result, a generally bearish rating is assigned, with the short-term spot market expected to face downward pressure.
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