wanhua(SH:600309) Xin Lang Cai Jing·2026-01-16 13:37Group 1 - The core viewpoint of the news is that Wanhua Chemical's price for butyl acrylate in Northeast China has increased by 200 yuan/ton to 8210 yuan/ton, reflecting a 2.5% rise, indicating tightening regional spot supply or strengthening demand [1][5][6] - The price increase of butyl acrylate is beneficial for the entire acrylic acid industry chain, as it is a major derivative of acrylic acid, suggesting that the spot price of acrylic acid is likely to rise in the short term [2][6] - The production profit expansion from butyl acrylate will stimulate the procurement demand for acrylic acid, supporting the upward movement of spot prices, although there is a need to monitor downstream acceptance to avoid potential substitution effects [3][7] Group 2 - The pricing mechanism for bulk commodities is based on big data and pricing models, which can determine transaction settlement prices for specified dates or average prices over specified periods [3][7] - The pricing formula includes an adjustment coefficient and a premium or discount that accounts for logistics costs, brand price differences, and regional price differences [4][8]