January 29th News
On January 29th, Wanhua Chemical quoted the price of acrylic acid in North China at 6,250 yuan per ton, an increase of 100 yuan per ton compared to the previous quotation day. The 300,000-ton-per-year acrylic acid plant is operating normally.
Chempricehub Analysis of Acrylic Acid, Bull-Bear Score: 1
The spot price of acrylic acid rose by 100 yuan per ton to 6,250 yuan per ton, indicating stronger demand or reinforced cost support in North China. The plant is operating normally, but the price increase suggests expectations of tight market supply. This change constitutes a moderate positive for spot prices (+1 point), potentially stimulating short-term procurement activities. However, its impact on the overall supply-demand balance is limited, and attention should be paid to the sustainability of subsequent demand.