In China, the acrylic acid market is showcasing bullishness in its trend. In the previous week, the acrylic acid market experienced a significant incline. The incline was witnessed due to the shifted focus of the market players toward the previous contracts which limited the available product for the spot market, resulting in the tight supply scenario. Moreover, recently, the acrylic acid market in China witnessed a steady incline due to the intensified tug-of-war between supply and demand, as buyers were slowing down their procurement pace and the overall trading activity shrunk.
During the week ending on April x, the acrylic acid market in China witnessed a surge of x.xxx due to a rise in the supplier鈥檚 action. As the factories were focused on fulfilling long-term orders that were agreed upon earlier, so it have not been producing much extra for the spot market. Moreover, the factories were...
