On February 2, Wanhua Chemical's butyl acrylate quotation in Northeast China was 8,910 yuan/ton, an increase of 200 yuan/ton compared to the previous quotation date. PriceSeek's analysis of butyl acrylate shows a bullish-bearish score of 2. The Northeast China quotation for butyl acrylate rose by 200 yuan/ton to 8,910 yuan/ton, indicating tight market supply and demand, strong demand or reduced supply, directly benefiting spot prices, which is considered a significant positive. Acrylic acid, with a bullish-bearish score of 1, as an upstream raw material for butyl acrylate, the price increase of its derivatives may drive higher demand for acrylic acid, indirectly benefiting spot prices, which is considered a moderate positive.
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