May 8 News
On May 8, Shanghai Huayi New Materials' ethyl acrylate delivered price in East China was 12,600 RMB/ton, down 100 RMB/ton from the previous quotation date, with actual transactions mainly subject to negotiation.
Chempricehub Analysis:
Ethyl acrylate: Bullish/Bearish rating: -1
On May 8, Shanghai Huayi New Materials quoted a delivered price of 12,600 RMB/ton for ethyl acrylate in East China, down 100 RMB/ton from the previous quotation date. The spot price showed a slight weakening, which has a generally bearish impact on the price, with actual transactions primarily based on negotiation.
Acrylic acid: Bullish/Bearish rating: 0
This update only disclosed changes in the spot quotation for ethyl acrylate and did not include any information on acrylic acid supply-demand or price adjustments, thus having a neutral impact on the price of acrylic acid.
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