The market price of butyl acrylate gradually stabilized after strengthening. The secondary market price in East China was 9100-9200 yuan/ton, and it was difficult to find a low price in the early stage.
In terms of cost: the market price of raw acrylic acid is stable, n-butanol is warm, and the cost side supports the butyl acrylate market firmly
Supply and demand: In the near future, some butyl acrylate enterprises have shut down for maintenance, and new manufacturers have shut down after starting work. The starting load of butyl acrylate units is low, and the supply in the yard continues to be low. In addition, the current spot quantity of some manufacturers is not large, which stimulates users’ demand for replenishment and benefits the butyl ester market. However, the downstream market of butyl acrylate is still in the low season, and the market demand is still small.
To sum up, the cost support of butyl ester market is relatively stable, but under the influence of the off-season, the start up of terminal product units is limited, the downstream demand for butyl acrylate continues to be strong, and the changes in market supply and demand are limited. It is expected that the volatile situation of butyl ester consolidation will continue in the short term.
Post time: Dec-01-2022