Recently (1.29-2.2), the price of butyl acrylate has slightly decreased. According to data from Business Society, as of February 2, the average price of butyl acrylate in East China was 9560 yuan/ton, a decrease of 0.21% from last Monday. The prices in various regions are as follows: the reference price in the East China market is 10000 yuan/ton; The reference price for the North China market is 10100 yuan/ton, while the reference price for the South China market is 10200 yuan/ton;

In the absence of demand support and sustained poor profitability, the production of butyl acrylate has remained at a relatively low level, so there is not much pressure on the industry to accumulate inventory. From the perspective of downstream market operation, with the arrival of the Spring Festival, there may be a certain demand release in the downstream adhesive tape industry, with moderate replenishment. The overall trading rhythm may still be dominated by rigid demand, and there may be less behavior of bulk replenishment in the downstream.

Overall, after entering February, the analyst of Business Society’s butyl acrylate market has limited exploration space due to weak fluctuations in raw materials and shrinking demand. Overall, under the game of cost and demand, the trend of the butyl acrylate industry in February was not significant.