March 11, 2024 – On March 11, the refined acrylic acid price in the South China market quoted by Satellite Chemical was 14,800 yuan/ton, an increase of 1,000 yuan/ton compared to the previous quotation date. According to Chempricehub's analysis of acrylic acid, the long-short rating is 2. The spot price of acrylic acid has risen sharply by 1,000 yuan/ton, representing an increase of approximately 7.25%. This indicates tight supply and demand in the South China market, with strong demand or reduced supply, which constitutes a significant positive factor for the spot price of acrylic acid. The price increase may be driven by rising demand from downstream industries such as coatings and adhesives or higher raw material costs. It is expected that the spot price may maintain a strong upward trend in the short term.