The Chinese ethyl acrylate market continued to showcase bearishness in its trend. The bearishness in the market sentiments was due to the declined production cost along with the weak performance of the downstream coating and construction sectors. Therefore, it continued to provide support to the declining trend of ethyl acrylate.
In China, the ethyl acrylate market is maintaining bearishness in its trend. During the week ending on April xx, the ethyl acrylate market witnessed a decline of x.xxx and the prices fell to USD xxxx/MT (FOB-Shenzhen). The current market sentiments of the commodity can be attributed to the declined production cost and weak demand from the downstream coating and construction enterprises. Furthermore, the tensions surrounding trade tariffs are consistently impacting the market sentiments.
The production cost of ethyl acrylate witnessed a decline amid a decrease of x.xx in the feedstock ethanol and x.xxx in the...
