Last week (2.27-3.5), ethyl acrylate experienced a downward trend. The ethylene raw material market is stable and declining, with weak cost support. It is difficult for factories to make concessions, and the terminal still maintains a wait-and-see attitude. The negotiation for acrylic acid is about 5950 yuan/ton, with a starting load of 70.73%. As of March 5th, the benchmark price of ethyl acrylate in Shengyishe was 9505 yuan/ton, a decrease of -5.89% compared to last Monday (10100 yuan/ton).

At present, the new transaction volume of ethyl acrylate market is relatively low, and terminal demand continues to be weak. Most ethyl acrylate enterprises produce according to orders, while downstream enterprises mostly purchase according to demand. The market has a high wait-and-see attitude, and the trading atmosphere is relatively cold. The raw material market situation is average, and actual orders need to be followed up. We need to pay attention to the market demand sentiment in the future. Analysts from Business Society predict that the market quotation for ethyl acrylate will remain stable next week, with a price range of 9400-9600 yuan/ton.