This week, domestic butyl acrylate is currently in a stable and upward trend. As of April 16th, the benchmark price of butyl acrylate in Shengyishe was 9500.00 yuan/ton, an increase of 0.21% compared to last week (9480.00 yuan/ton). The average price in the East China market is 9500 yuan/ton, an increase of 100 yuan/ton from the previous working day. The average price in the North China market is 9600 yuan/ton, an increase of 100 yuan/ton from the previous working day. The average price in the South China market is 9500 yuan/ton, an increase of 50 yuan/ton from the previous working day.

From a demand side perspective:

The delivery pressure of acrylic lotion enterprises is low, and the atmosphere in the field is mainly wait-and-see. 4 Acrylic lotion started or increased by a narrow margin compared with 3. The price of raw material MMA was high and firm, but the infrastructure construction of the terminal market was insufficient. The terminal coating factory was in the off-season, and the support for the demand of lotion was insufficient. The demand for the emulsion remained just in demand. Although the weather turned warmer, the market was generally boosted.

From a supply perspective:

At present, the production capacity utilization rate of domestic butyl acrylate enterprises has decreased, and the on-site supply of goods is tight. The pressure on enterprise shipments is relatively small, and the overall market fundamentals have performed well; The maintenance of main factory equipment has led to a tightening of the overall supply and demand pattern in the market, supporting a rise in prices. Shandong region: At the end of March, some facilities resumed operation, but enterprises mainly executed pre orders in the early stage, with tight spot prices and no pressure on the supply side to raise prices.

Overall:

The rise of butyl acrylate this week is mainly supported by favorable factors such as supply side maintenance and tight spot prices. Analysts from Business Society predict that some facilities will resume work near the end of the month, with a significant increase in on-site supply and difficulty in improving the downstream market atmosphere. The subsequent rise in butyl acrylate may be difficult to maintain.