Shenzhen, China: The Ethyl Acrylate market across Europe and Asia is exhibiting a bearish trend due to reduced demand from downstream sectors like Coating and Construction. These key sectors have encountered obstacles such as sluggish activity and delayed project rollouts. This muted demand, along with lower input costs, has led to oversupply conditions in the market, applying downward pressure on Ethyl Acrylate prices and maintaining the bearish sentiment.
In China, the Ethyl Acrylate market remained stable yet sluggish, with prices at a low of USD xxxx/MT (FOB-Shenzhen) by the end of October xxth. Market participants had anticipated a potential recovery in demand following the post-Golden Week holiday, but expectations were unmet as terminal demand continued to weaken, accompanied by a slowdown in trading activity. To revitalize the struggling Coating and Construction sectors, and address the broader property market downturn, China is preparing to channel substantial funding into...
