① On September 30, styrene prices trended upward while crude oil consolidated. Main-month futures for pure benzene and styrene pulled back after earlier gains, narrowing intraday market increases. Current spot/indicative offers in the Wenzhou market stand at 10,850/10,950 yuan/ton; October deliveries are quoted at 10,790/10,830 yuan/ton; November deliveries are quoted at 10,160/10,200 yuan/ton.
② The negotiated reference price for MMA in East China is 13,000–13,100 yuan/ton. Market prices remained stable today with no significant changes in fundamentals. Holders maintained their offers, selling limited volumes as the pre-holiday period concluded on a steady note.
③ Negotiated prices for butyl acrylate in East China were 9,500–9,600 yuan/ton, unchanged from the previous working day. Butyl acrylate prices traded within a narrow range today. Feedstock n-butanol continued to decline, maintaining downward pressure on costs. Some holders adjusted offers according to market trends. As new contracts commenced, low-price offers decreased. Downstream tape master roll and acrylic emulsion factories followed demand-based purchasing, keeping transaction focus within a narrow range.
Table 1: Summary of Domestic Acrylic Emulsion Prices in East China (Unit: Yuan/Ton)
| Region | Specification | Sep 29 | Sep 30 | Change | % Change |
|---|---|---|---|---|---|
| East China | Styrene-acrylic emulsion | 5,950 | 5,950 | 0 | 0% |
| Pure acrylic emulsion | 7,800 | 7,800 | 0 | 0% | |
| North China | Styrene-acrylic emulsion | 5,950 | 5,950 | 0 | 0% |
| Pure acrylic emulsion | 7,800 | 7,800 | 0 | 0% | |
| South China | Styrene-acrylic emulsion | 5,950 | 5,950 | 0 | 0% |
| Pure acrylic emulsion | 7,800 | 7,800 | 0 | 0% | |
| Data Source: Chempricehub |
Based on East China benchmarks, styrene-acrylic emulsion was priced at 5,950 yuan/ton and pure acrylic emulsion at 7,800 yuan/ton today, with styrene-acrylic emulsion holding steady compared to the previous working day.
The acrylic emulsion market remained stable today. Upstream feedstocks butyl acrylate and MMA held steady, while styrene center-weighted prices rose, increasing cost pressures. Emulsion manufacturers and holders adjusted offers and sales according to market trends. Downstream enterprises replenished stocks based on rigid demand, resulting in stable negotiation levels.
Regarding profitability, the margin for pure acrylic emulsion stood at 5.93%, while the margin for styrene-acrylic emulsion was -6.89%. Production profits declined compared to the previous working day.
The acrylic emulsion market is expected to remain stable. In the short term, upstream butyl acrylate and styrene are trending stronger, while MMA trades within a range. High-cost support remains, and emulsion manufacturers and holders are likely to open post-holiday trading on a stable basis. Downstream paint factories are entering the market cautiously, waiting and watching. Uncertainties in raw material markets persist, so the acrylic emulsion market is highly likely to trade steadily after the holiday. Monitor trends in feedstocks butyl acrylate, MMA, and styrene.
Table 2: Summary of Prices for Products Related to Acrylic Emulsions (Unit: Yuan/Ton)
| Market | Sep 29 | Sep 30 | Change | % Change |
|---|---|---|---|---|
| Butyl Acrylate | 9,550 | 9,550 | 0 | 0% |
| MMA | 13,150 | 13,150 | 0 | 0% |
| Styrene | 10,700 | 10,850 | +150 | +1.40% |
Table 3: Overview of Domestic Acrylic Emulsion Data
| Data Item | Release Time | Previous Value | Expected Trend This Period |
|---|---|---|---|
| Acrylic Emulsion Market Price | Mon & Tue 17:00 | 7,800 | → |
| Acrylic Emulsion Market Profit | Fri 17:00 | 462.5 | ↘ |
| Data Source: Chempricehub Notes: 1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates minor fluctuation, highlighting data dimensions with changes between 0-3%. |
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