April 23 News – On April 23, Wanhua Chemical’s acrylic acid quotation in North China stood at 11,450 RMB/ton, representing a decrease of 500 RMB/ton compared to the previous quotation date. The 300,000-ton-per-annum acrylic acid plant is operating normally. Chempricehub’s assessment of acrylic acid gives a long-short score of -1. The report indicates that Wanhua Chemical has reduced its North China acrylic acid quotation by 500 RMB/ton to 11,450 RMB/ton, a decline of approximately 4.4%, suggesting ample market supply (normal plant operation) or weak demand, which exerts a generally bearish effect on spot prices. The price decline may stem from weakened downstream demand or intensified industry competition, and the short-term spot market is likely to face downward pressure.