According to reports, market participants said that prices of acrylates in Southeast Asia will decline in the coming weeks, as manufacturers cut prices to reduce inventory. A Singapore-based trader said its butyl acrylate (BA) price was US$2,250/ton CIF South East Asia, down US$40/ton from US$2,280-2,290/ton on October 12.
Due to weak demand, the prices of ethyl acrylate (EA) and methyl acrylate (MA) are also falling. A Northeast Asian manufacturer said that it will lower the spot price of EA and MA by 50-150 US dollars / ton, respectively to 2,200 US dollars / ton and 2,150 US dollars / ton. The price of 2-ethylhexyl acrylate (2-EHA) was US$2350/ton, which was US$200-230/ton lower than US$2500-2530/ton on October 12.
Due to weak demand, the prices of ethyl acrylate (EA) and methyl acrylate (MA) are also falling. A Northeast Asian manufacturer said that it will lower the spot price of EA and MA by 50-150 US dollars / ton, respectively to 2,200 US dollars / ton and 2,150 US dollars / ton. The price of 2-ethylhexyl acrylate (2-EHA) was US$2350/ton, which was US$200-230/ton lower than US$2500-2530/ton on October 12.
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