Santos, Brazil: The global Acrylic Acid market is experiencing stable trends, thanks to a balanced supply and demand dynamic. Prices remain steady due to consistent demand from the downstream Paint and Coating sector and adequate inventory levels. However, the South Korean market is seeing a slight upward trend due to increased demand.
In Brazil, the Acrylic Acid market is showcasing a stable trend at USD xxxx/MT (CFR-Santos) during the week ending on xxth May xxxx. The situation for the Panama Canal was analyzed to be getting better due to the traditional rainy season. However, the supply chain is disrupted due to the delay in the shipments from the US market to the Brazilian market because of the maintenance which was scheduled in May from xth May to xxth May, for the Gatun Locks in Panama Canal, which reduced the transits. Therefore, many trades were still taking...
