Divergent Trends in the 2-Ethylhexyl Acrylate Market: Stability in US Prices, Bearishness in Singapore

Divergent Trends in the 2-Ethylhexyl Acrylate Market: Stability in US Prices, Bearishness in Singapore

Motoki Sasaki 05-Jul-2024

Texas (USA): The x-Ethylhexyl Acrylate market has been experiencing contrasting trends across the APAC and North American regions. In the United States, the x-Ethylhexyl Acrylate market remains stable as inventories are sufficient to meet consistent demand from downstream industries, particularly in Coating and Construction. Companies have restricted shipments to prevent potential losses, maintaining a balanced supply. Conversely, in Singapore, the x-Ethylhexyl Acrylate market is facing a bearish trend due to a significant decline in demand from downstream sectors, leading to a surplus of the commodity and a downturn in market sentiment.

In the US market, x-Ethylhexyl Acrylate sustained stability, priced at USD xxxx/MT (FOB-Texas) during the week ending on July xth. In June xxxx, the Global US Manufacturing PMI was revised slightly lower, marking the highest reading in three months and indicating sector improvement. New orders rose for the second consecutive month, boosting production, albeit at a...

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