Butyl Acrylate prices are witnessing a stable trend in the global market due to the maintained equilibrium between supply and demand. Furthermore, the prices of the feedstock Acrylic Acid market are witnessing a similar trend as the previous week, therefore, the production cost of Butyl Acrylate is sustained.
In the Brazilian market, Butyl Acrylate prices have held steady at USD xxxx/MT (CFR-Santos) on xxnd March xxxx. Despite moderate demand for Butyl Acrylate from the Paint and Coating industries for which the existing inventory levels are sufficient. Trade between China and Brazil for Butyl Acrylate remains consistent. However, the ongoing crisis in the Red Sea shipping route has led to container ships being rerouted through the longer Cape of Good Hope route in southern Africa. This redirection has resulted in a significant decrease in container tonnage passing through the Suez Canal, while vessel tonnage through the Cape...
