Tokyo, Japan: The Acrylic Acid market is experiencing a volatility in the price trend in the Asian markets. In Japan, Acrylic Acid is following an upward price trend due to the increased demand from the downstream Paint and Coating sectors and also, due to the economical factors. Whereas in the Malaysian market, the prices of Acrylic Acid are maintaining stability in their trend due to the sustained equilibrium between supply and demand.
In the Japanese market, Acrylic Acid is showcased an inclining pattern of x.xxx and settled at USD xxx/MT (FOB-Tokyo) on the week ending on xxth April xxxx. After maintaining stability for the past few weeks, the prices of Acrylic Acid inclined due to the increase in the demand from the downstream Paint and Coating enterprises. Therefore, the increased demand led to an increase in the consumption rate of the existing inventory levels contributing to...
