Butyl Acrylate prices at DEL Texas surged **.*** during the week ending May *, **** 鈥� the strongest weekly gain in the US acrylate monomer market since the Middle East war began on February **, **** 鈥� as an extraordinary propylene feedstock cost explosion, collapsed Middle Eastern supply, and extraordinary concurrent domestic and international demand simultaneously drove prices to the highest levels recorded in the modern US acrylate market.
The week&#**;s extraordinary price surge of Butyl Acrylate was anchored in a severe upstream feedstock shock. US acrylic acid prices surged *.*** in early May ****, driven by a **.** propylene feedstock escalation rooted in sustained Strait of Hormuz disruption from the US-Israel-Iran conflict, compounded by BASF&#**;s April ** glacial acrylic acid price increase of $*.** per pound citing raw material, energy, and logistics cost pressures. This feedstock double-shock 鈥� propylene surging simultaneously with BASF&#**;s...
Leave a Comment
Comments (0)