Recently (1.29-2.2), the price of isooctyl acrylate has risen. According to data from Business Society, as of February 2nd, the average price of isooctyl acrylate in East China was 13425 yuan/ton, an increase of 0.37% from last week. Prices in various regions are as follows:

The reference price for the East China market is 14500 yuan/ton; The reference price for the North China market is 14600 yuan/ton, while the reference price for the South China market is 14700 yuan/ton;

In terms of cost requirements

The market price of raw material acrylic acid is stagnant, while the market price of octanol is temporarily stable, and the cost is still facing market support. From the perspective of demand, it is difficult to effectively release downstream demand, with sporadic small orders for essential needs being the main focus, and the overall trading atmosphere is bleak.

On the supply side

The operating load of the isooctyl acrylate factory remains low, with a decrease in market supply and insufficient spot supply. It is expected that the market supply will remain low in the future, providing some positive support for the market.

Overall

The cost side prices of acrylic acid and octanol in the acrylic acid and octanol markets remain stable, with continued support on the cost side and no significant improvement in demand. This week, as the Spring Festival holiday approaches, factory shipping enthusiasm is average, and terminals are gradually entering the holiday. Purchasing expectations are weakened, and it is expected that the market for acrylic acid and octanol will maintain a stable trend. Pay attention to changes in enterprise equipment load and raw material market.