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Recently, the butyl acrylate market has been in a narrow downward range. As of May 13, the benchmark price of butyl acrylate in the business community was 9,400 yuan/ton, down 0.42% from 9,440 yuan/ton at the beginning of the month. Among them, the price in East China market is 9250-9350 yuan/ton, the price in North China market is 9350-9550 yuan/ton, and the price in South China market is 9450-9650 yuan/ton. The market range of butyl acrylate is sorted out, the mainstream production enterprises offer weak and stable, the market holders negotiate the actual order price concession, and the downstream makes up the warehouse on demand.
Adult face:
Recently, the upstream n-butanol market price is stable and strong, and the ex-factory price in Shandong is 7900-7950 yuan/ton. The start of n-butanol in the market declined slightly, coupled with the low operation of factory inventory, the market spot supply was tightened, the overall downstream start was stable, the purchase of rigid demand was the mainstay, and the market was active in low-price transactions. It is expected that the focus of domestic n-butanol prices will be high-end in the short term.
As of May 13, the benchmark price of acrylic acid in the business community was 6,925 yuan/ton, up 1.47% from 6,825 yuan/ton at the beginning of the month. The pressure on the cost of acrylic acid is still there, and the production equipment has been shut down for maintenance in the near future, providing some support for the market, and the listed prices of individual large factories have been pushed up and raised, which has boosted the confidence of the industry.
Demand side:
The trading speed of the tape mother roll market has slowed down compared with the previous period, and the recent purchase of the market has decreased, and individual orders are now being received. The number of orders received by tape mother roll enterprises declined, the market performance was slightly flat, and the inventory of tape mother roll enterprises has accumulated, which has a certain negative effect on the market.
The acrylic resin emulsion market is facing a shortage of downstream goods, profits continue to tighten, the market continues to stabilize temporarily, the industry has insufficient confidence in the market outlook, the downstream wait-and-see is obvious, the market is cautious, the trading atmosphere is light, and it is expected that the weak situation will continue next week, and the market will improve limitedly.
In summary:
Recently, the butyl acrylate market is mainly digested and increased, the raw material market is volatile, the trading volume is lower than the previous period, and the market mentality is that the terminal downstream market is weak, and the slitting users are cautious and wait-and-see, and they are mainly in need of procurement. Analysts of the business community expect that the price of butyl acrylate may be stable in the short term.