May 14 News
On May 14, Shanghai Huayi New Material quoted its East China delivered price for isooctyl acrylate at 10,500 RMB/ton, down 100 RMB/ton from the previous quotation. Actual transactions are subject to negotiation.
Chempricehub Analysis of Isooctyl Acrylate
Bullish/Bearish Score: -1
On May 14, Shanghai Huayi New Material's East China delivered price for isooctyl acrylate was reported at 10,500 RMB/ton, a decrease of 100 RMB/ton from the previous quotation day. The spot price weakening exerts a generally bearish impact on the product.
Acrylic Acid
Bullish/Bearish Score: -0.5
The downward movement in the downstream isooctyl acrylate quotation will transmit mild bearish pressure upstream along the industrial chain, to a certain extent restraining the upside potential of acrylic acid spot prices.
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