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Watch the export channel closely. With only 31,000 tons exported in 2023, overseas demand is a swing factor. If export competitiveness fades due to freight or trade barriers, domestic oversupply could pressure prices further.
For buyers, the key signal is inventory levels at producer warehouses. When stocks hit yearly lows and propylene stays firm, further price hikes are likely. Consider locking in contract volumes early rather than waiting for spot dips.
Don't confuse the two in procurement. Ethyl acrylate is a reactive monomer, while ethyl propionate is a stable solvent. Their price drivers and supplier bases differ significantly, so separate sourcing strategies are advisable.