April 24 News – On April 24, the market price of acrylic acid from Satellite Chemical in South China was 11,600 RMB/ton, down by 1,000 RMB/ton from the previous quoted price. According to Chempricehub's analysis of acrylic acid, the bullish/bearish score stands at -1.

Reason for Assessment:
The market price of acrylic acid in South China fell by 1,000 RMB/ton to 11,600 RMB/ton, representing a significant decline of approximately 8%. This drop suggests increased supply or weakening demand, exerting bearish pressure on spot prices. The price decline may be attributed to reduced downstream demand or rising inventory pressure, and bearish sentiment in the market has strengthened in the short term.