BASF Raises Acrylate Prices in Asia Amid Rising Costs
BASF has announced a price increase of up to $100 per metric ton for butyl acrylate and 2-ethylhexyl acrylate across the Asia Pacific region. The adjustment is attributed to rising logistics, energy, and regulatory costs.
BASF has increased prices for butyl acrylate and 2-ethylhexyl acrylate by up to $100 per metric ton throughout the Asia Pacific region. The company stated that the revised pricing is effective immediately or according to existing contractual terms with customers.
The price adjustment comes as manufacturers face escalating operating expenses. BASF cited higher logistics costs, elevated energy prices, and increased regulatory compliance expenses as the drivers for the change. The company indicated that the revision aims to support ongoing operations and maintain supply reliability in a challenging cost environment.
Butyl acrylate and 2-ethylhexyl acrylate are key raw materials used in adhesives, coatings, and construction materials. Demand for these acrylic monomers is closely tied to activity in the construction, infrastructure development, and manufacturing sectors across Asia Pacific.
BASF aims to ensure consistent product quality and service standards for its customers in the region through this price adjustment, while maintaining supply stability. The company stated that this measure is necessary to sustain production and service levels.