US Butyl Acrylate Prices Surge 14.21% on Feedstock Shock and Hormuz Crisis

Butyl Acrylate prices at DEL Texas surged xx.xxx during the week ending May x, xxxx — the strongest weekly gain in the US acrylate monomer market since the Middle East war began on February xx, xxxx — as an extraordinary propylene feedstock cost explosion, collapsed Middle Eastern supply, and extraordinary concurrent domestic and international demand simultaneously drove prices to the highest levels recorded in the modern US acrylate market.

The week&#xx;s extraordinary price surge of Butyl Acrylate was anchored in a severe upstream feedstock shock. US acrylic acid prices surged x.xxx in early May xxxx, driven by a xx.xx propylene feedstock escalation rooted in sustained Strait of Hormuz disruption from the US-Israel-Iran conflict, compounded by BASF&#xx;s April xx glacial acrylic acid price increase of $x.xx per pound citing raw material, energy, and logistics cost pressures. This feedstock double-shock — propylene surging simultaneously with BASF&#xx;s...