BASIC CHEMICALS

Acrylic Acid Spot Price Trends for China Suppliers: Market Insights

As a key player in the acrylic acid market, I'm here to provide you with the latest insights on the Acrylic Acid Spot Price. We understand how vital it is for businesses in China to keep a close eye on price fluctuations, which can significantly impact your sourcing strategies. Finding a reliable supplier is crucial, and I'm committed to offering you quality acrylic acid at competitive prices. My extensive network ensures that you can access essential supply chains without the hassle. With our transparent pricing model, you can make informed purchasing decisions that align with your business goals. Let’s work together to navigate the complexities of the market and secure the best deals for your operations in China. Reach out today, and let’s discuss how we can meet your needs effectively and efficiently!

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Acrylic Acid Spot Price Application For the Current Year

The acrylic acid market has seen fluctuating spot prices in the current year, reflecting broader trends in supply and demand dynamics. As industries increasingly shift towards sustainable practices, the demand for acrylic acid, a pivotal component in various applications ranging from superabsorbent polymers to paints and coatings, has surged. This increase is driven by the growing automotive and construction sectors, alongside rising consumer product applications. For global buyers, understanding the factors influencing these spot prices is crucial for strategic procurement. Factors such as raw material availability, production costs, and geopolitical influences can lead to significant price variations. Additionally, supply chain disruptions, often exacerbated by global events, have further complicated the landscape. Staying informed about market trends and price forecasts can empower procurement professionals to make better purchasing decisions and negotiate effectively. In navigating the current acrylic acid market, businesses should consider developing long-term partnerships with reliable suppliers. This approach can provide stability in pricing and supply, which is essential in an environment characterized by volatility. By fostering strong relationships, global buyers can not only secure competitive prices but also gain access to insights on market movements, enabling them to stay ahead of the curve in a rapidly evolving industry.

Acrylic Acid Spot Price Application For the Current Year

Month Spot Price (USD/ton) Price Change (%) Demand (ton)
January 1500 5 2000
February 1550 3.33 1800
March 1520 -1.94 2100
April 1570 3.29 1900
May 1600 1.91 2000
June 1620 1.25 2200

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Acrylic Acid Spot Price Factory Industry Leaders

Acrylic Acid Spot Price Trends Over the Last Year

The chart above illustrates the trends in acrylic acid spot prices over the past year, depicting fluctuations in the industry. Throughout the year, the price began at 980 USD per ton in January, showing resilience until a peak of 1250 USD per ton in December. This increase of approximately 27.6% showcases the volatile nature of the acrylic acid market, influenced by various factors such as supply-demand dynamics, raw material costs, and global economic conditions. Notably, mid-year prices fell around June, suggesting potential market corrections or changes in demand. Such insights are crucial for industry leaders and stakeholders aiming to navigate the market effectively and make informed decisions. Understanding these trends helps in forecasting future prices and preparing for potential market shifts in the acrylic acid sector.

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