Free Acrylate Ester Price Trend and Forecast New York
- Location: New York, New York, NY, United States
Because of the rapid price increase in upstream crude oil under the Ukraine-Russia war, the North American Acrylate Ester Price has been on an uptrend since the first week of this year. Since January, the crisis between Ukraine and Russia has had an impact on crude oil prices, as it has on global market attitudes. As a result of the inflationary pressure on convertors, several upstream commodities in the US market became more expensive week after week. The US government, on the other hand, attempted to stabilize prices by releasing strategic reserves and urging other significant economies, such as India, China, and Japan, to do the same. Despite these efforts, the Ethyl Acrylate price continued to rise in February, reaching over USD 2680/MT.
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