Qingdao, China: The Acrylic Acid market in China and Germany faces mixed trends, with declining prices driven by the challenging market sentiment. China is showcasing stability in its trend after witnessing a slight incline, whereas Germany is continuously showcasing a declining trend.
During the week ending November xx, the Acrylic Acid market in China remained stable, with prices hovering at the higher end at USD xxx/MT (FOB-Qingdao), despite declining production costs attributed to the continuous decrease in feedstock Propylene prices. Stability in the market was supported by steady demand for Acrylic Acid from downstream Coating and Construction industries, which benefited from ongoing economic recovery and increased industrial production activities. As demand for Acrylic Acid in these sectors gradually grew, downstream players contributed to sustaining market equilibrium. However, rising prices prompted cautious purchasing behavior among some downstream companies, who opted for a wait-and-see approach and...
