Recently (2.13-2.20), the price of butyl acrylate has slightly decreased. According to data from Business Society, as of February 20th, the average price of butyl acrylate in East China was 9580 yuan/ton, a decrease of 0.21% from last Monday. The prices in various regions are as follows: the reference price in the East China market is 10000 yuan/ton; The reference price for the North China market is 10100 yuan/ton, while the reference price for the South China market is 10200 yuan/ton;

After the holiday, the raw material market temporarily stabilized, and the utilization rate of butyl acrylate production capacity remained stable. The factory mentality was bullish, and the quotation was pushed up. Downstream factories gradually turned against the market, and the purchasing mentality was cautious. The wait-and-see atmosphere on the market was strong, and we waited for further market clarity. It is expected that the trading market will gradually become active today, and downstream markets will still adopt a wait-and-see attitude, with contracts being the main focus, while butyl acrylate may maintain a strong operation.

Overall, analysts from Business Society believe that with the end of the holiday, there is an expectation of high demand for domestic butyl acrylate supply and demand, and some terminals are in a state of replenishment. The production of acrylic acid and ester units is expected to drive an increase in downstream demand. In addition, the exploratory boost in the acrylic acid and ester industry after the holiday may bring support and benefits to butyl acrylate.