USGC, USA: The Ethyl Acrylate market in the US continues to experience a downward trend, reflecting overall bearish market sentiment. This decline is primarily driven by lower production costs, as prices for key feedstocks, Ethanol and Acrylic Acid, have decreased. Additionally, weakening demand for Ethyl Acrylate from downstream sectors, particularly coating and construction enterprises, has further contributed to the bearish outlook. With reduced consumption and ample supply, market players are facing downward pressure on prices, reinforcing the ongoing decline in Ethyl Acrylate market dynamics.
During the week ending on xxth September, the Ethyl Acrylate market in the US witnessed a x.xxx decline, with prices settling at USD xxxx/MT (FOB-USGC). This decline was largely driven by weak demand for Ethyl Acrylate from downstream sectors such as coating and construction enterprises. The subdued demand was adequately met by existing inventory levels, prompting market players to lower their ex-quotations to...
