Qingdao, China: The x-Ethylhexyl Acrylate market in both Asian and European regions is experiencing a bearish trend, largely due to reduced demand and lower production costs. Declining prices for feedstocks, including x-ethylhexanol and acrylic acid, have led to cheaper production of x-Ethylhexyl Acrylate. Weak demand for x-Ethylhexyl Acrylate from downstream sectors, coupled with these lower input costs, has created an oversupply in the market, putting downward pressure on x-Ethylhexyl Acrylate prices and reinforcing the bearish market sentiment.
In China, the x-Ethylhexyl Acrylate market experienced a x.xxx decline, settling at USD xxxx/MT (FOB-Qingdao) by the week ending October xxth. Hopes for a market recovery following the post-Golden Week holiday were dashed as terminal demand remained weak and trading activity slowed. To stimulate the downstream Coating and Construction sectors, China plans to increase financing for housing projects on a "white list" to x trillion yuan ($xxx billion), as part...
