On January 14, Wanhua Chemical's acrylic acid quotation in Northeast China was reported at 6,250 yuan/ton, an increase of 50 yuan/ton compared to the previous quotation date. The 300,000-ton annual capacity acrylic acid plant is operating normally. PriceSeek's analysis of acrylic acid shows a bullish-bearish score of 1. The article indicates that Wanhua Chemical's acrylic acid quotation in Northeast China has risen by 50 yuan/ton to 6,250 yuan/ton, with the plant operating normally, suggesting tight supply-demand dynamics or increased demand in the spot market, which is favorable for spot prices. Although the increase is modest, the clear upward trend in prices amid stable supply suggests that spot prices may continue to strengthen slightly in the short term.
Comments
0