In recent days (1.1-1.10), the market for butyl acrylate has experienced a stable price after an increase. In the early stage, the increase in raw material n-butanol and the intensification of supply side contraction have become the core driving force supporting market price increases. However, after the high level of raw materials fell before the holiday, the upward momentum of the butyl acrylate market weakened. In addition, due to the off-season of traditional consumption, the overall performance of butyl acrylate consumers is lackluster. As of January 10th, the average price of butyl acrylate in East China was 9640 yuan/ton, up 4.78% from the beginning of the month,
The main factor affecting the butyl acrylate market is that the downstream acrylic lotion market was in the off-season in January, and the enthusiasm of the downstream to take goods was insufficient. The wait-and-see attitude towards the raw material market was higher, and the actual transactions were limited. On the supply side of the tape master roll industry, the industry has added production while manufacturers have started production relatively steadily. Downstream consumption is slow, and on-site supply is relatively abundant. On the demand side, due to the recent stable and fluctuating market trends of industrial chain products, the wait-and-see sentiment on the market has intensified, and the atmosphere of market negotiations is light.
According to analysts from Business Society, after entering January, with a strong increase in raw material octanol and a slowdown in market demand, users in the butyl acrylate market are mainly buying small orders. Based on comprehensive market data, the butyl acrylate industry is playing a game between terminal demand and market prices are operating steadily.
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