Recently, domestic butyl acrylate prices have declined. According to relevant data, at present, the mainstream quotation of butyl acrylate in East China is around 17,500 yuan/ton, which is 500-2,000 yuan/ton lower than a week ago; the mainstream quotation of butyl acrylate manufacturers in the north is 17500-18600 yuan/ton, A week ago fell by 1000-1400 yuan / ton.
Chang Yingzhi, a researcher in the chemical industry of China Investment Advisors, pointed out that due to the stable start of domestic butyl acrylate plant, and no significant increase in downstream demand, most buyers are in a wait-and-see state, and some butyl acrylate manufacturers are not shipping smoothly. There has been a certain amount of inventory pressure. Therefore, the current domestic butyl acrylate manufacturers have a strong intention of shipping and are willing to change their prices, which has led to the recent decline in the price of butyl acrylate.
Chang Yongzhi also pointed out that the drop in raw material prices is also an important reason for the decline in the price of butyl acrylate. According to relevant data, the price of acrylic acid has dropped sharply. The mainstream quoted price of acrylic acid in the northern region is around 16800-20200 yuan/ton, and the low-end price has dropped by 2200 yuan/ton from a week ago. Therefore, some butyl acrylate producers will also lower the butyl acrylate factory price as raw material prices fall.
Zhang Yulin, research director of China Investment Consulting Co., Ltd. pointed out that because there is no obvious rebound in the demand for butyl acrylate in the downstream dairy industry and adhesives, and the price of raw materials has declined, butyl acrylate lacks cost support and it is expected that the price of butyl acrylate will be short-term. Continue to decline. In the long run, China will also have new production capacity for butyl acrylate to be put into production. By that time, the domestic market for butyl acrylate will further increase, which will also play a certain role in suppressing the rise in butyl acrylate prices.
The "Investment Analysis and Forecast Report of China's Propylene Industry in 2011-2015" issued by China Investment Advisors shows that butyl acrylate is mainly used for the production of water-soluble paints and adhesives. At present, the demand for butyl acrylate in the Chinese market has increased rapidly. In recent years, Basically, they all increase at an average annual rate of over 10%. Currently, the main suppliers of butyl acrylate in China are Beijing Oriental, Shenyang Wahua, Yangzi BASF, and Formosa Plastics Group.
Chang Yingzhi, a researcher in the chemical industry of China Investment Advisors, pointed out that due to the stable start of domestic butyl acrylate plant, and no significant increase in downstream demand, most buyers are in a wait-and-see state, and some butyl acrylate manufacturers are not shipping smoothly. There has been a certain amount of inventory pressure. Therefore, the current domestic butyl acrylate manufacturers have a strong intention of shipping and are willing to change their prices, which has led to the recent decline in the price of butyl acrylate.
Chang Yongzhi also pointed out that the drop in raw material prices is also an important reason for the decline in the price of butyl acrylate. According to relevant data, the price of acrylic acid has dropped sharply. The mainstream quoted price of acrylic acid in the northern region is around 16800-20200 yuan/ton, and the low-end price has dropped by 2200 yuan/ton from a week ago. Therefore, some butyl acrylate producers will also lower the butyl acrylate factory price as raw material prices fall.
Zhang Yulin, research director of China Investment Consulting Co., Ltd. pointed out that because there is no obvious rebound in the demand for butyl acrylate in the downstream dairy industry and adhesives, and the price of raw materials has declined, butyl acrylate lacks cost support and it is expected that the price of butyl acrylate will be short-term. Continue to decline. In the long run, China will also have new production capacity for butyl acrylate to be put into production. By that time, the domestic market for butyl acrylate will further increase, which will also play a certain role in suppressing the rise in butyl acrylate prices.
The "Investment Analysis and Forecast Report of China's Propylene Industry in 2011-2015" issued by China Investment Advisors shows that butyl acrylate is mainly used for the production of water-soluble paints and adhesives. At present, the demand for butyl acrylate in the Chinese market has increased rapidly. In recent years, Basically, they all increase at an average annual rate of over 10%. Currently, the main suppliers of butyl acrylate in China are Beijing Oriental, Shenyang Wahua, Yangzi BASF, and Formosa Plastics Group.
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