Europe ethyl acrylate spot range edges down on low demand

20 November 2013 14:17  [Source: ICIS news]

LONDON (ICIS)--The low end of the European ethyl acrylate (ethyl-A) spot range has edged down because of a lack of buying interest, sources said on Wednesday.

Prices are at €1,360-1,400/tonne ($1,838-1,892/tonne) FD (free delivered) NWE (northwest Europe), €10/tonne softer on the low end compared with last week's range.

Ethyl-A spot prices over 2013 peaked in March at €1,580/tonne FD NWE. Prices began a downtrend at the end of March, and sources expect them to remain stable to soft for the remainder of the year.

Ethyl-A is used in the production of paints and textiles.

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($1 = €0.74)

By: Helena Strathearn
+44 208 652 3214

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