① Acrylic acid prices in East China stood at 7,900 RMB/ton, unchanged from the previous business day.
② The average capacity utilization rate for the domestic acrylic acid industry was 67.68% today, down 1.57 percentage points from the previous business day.
Table 1: Domestic Acrylic Acid Price Summary (Unit: RMB/ton)
| Market | Specification | Oct 22 | Oct 23 | Change | Remarks |
|---|---|---|---|---|---|
| North China | Standard Acid | 7,650 - 7,750 | 7,650 - 7,750 | 0 / 0 | Acceptance, Delivered |
| East China | Standard Acid | 7,800 - 8,000 | 7,800 - 8,000 | 0 / 0 | Acceptance, Delivered |
| South China | Standard Acid | 8,400 - 8,500 | 8,350 - 8,450 | -50 / -50 | Cash, Delivered |
| Key Upstream | |||||
| Shandong | Propylene | 10,425 | 10,760 | +335 | Ex-works, Self-pickup |
| East China | Propylene | 10,575 | 10,700 | +125 | Ex-works, Self-pickup |
Data Source: Chempricehub Information
Today, the price of acrylic acid in East China remained stable at 7,900 RMB/ton compared to the previous business day. Although propylene prices stopped falling and rebounded, providing continued support for acrylic acid costs, this support has been hindered in its transmission to downstream markets. Factories and traders maintained stable pricing offers. Market activity was quiet with limited transactions; downstream buyers followed up with small orders seeking lower prices.
The capacity utilization rate for acrylic acid today was 67.68%, a decrease of 1.57 percentage points from the previous business day. Profit margins for acrylic acid in East China were at -547 RMB/ton, an increase of 61 RMB/ton from the previous day.
Propylene costs continue to rebound, with cost-side support transmitting to downstream sectors. Factories and inventory holders are offering prices in line with market trends to stabilize the market while executing new contracts. Trading sentiment is positive as downstream consumers utilize contract inventories. The acrylic acid market is expected to stop falling and consolidate over the weekend.
Propylene: Today, the spot price of propylene in Shandong surged significantly, with mainstream closing references between 10,700–10,820 RMB/ton and an average price of 10,760 RMB/ton, up 335 RMB/ton from the previous business day. Rising international crude oil prices have strengthened cost support for propylene. Enterprise shipments remained smooth, and offer prices rose with wider margins. Downstream participation was active, with actual transactions showing clear premiums and trading centers continuing to shift upward.
Butyl Acrylate: Negotiated prices for butyl acrylate in East China ranged from 9,400–9,500 RMB/ton, down 50 RMB/ton from the previous business day. The butyl acrylate market trended weakly sideways today. While propylene prices fluctuated upward, the decline in n-butanol prices narrowed due to propylene's influence. Cost factors for butyl acrylate remained largely stable with minor adjustments. Butyl acrylate factories quoted prices in line with market conditions. Downstream users, primarily tape master roll and acrylic emulsion manufacturers, focused on consuming contract inventories. With the end of the month approaching, there was some inquiry for rigid demand, keeping the market trading center in a weak, oscillating range.
Table 4: Domestic Acrylic Acid Data Overview
| Indicator | Release Time | Previous Period | Current Trend Forecast |
|---|---|---|---|
| Acrylic Acid Industry Operating Rate | Thursday 17:00 PM | 1.80% | ↗ |
| Butyl Acrylate Industry Operating Rate | Thursday 17:00 PM | -0.09% | ↗ |
| Acrylic Emulsion Industry Operating Rate | Thursday 17:00 PM | -1.04% | ↗ |
| Tape Master Roll Industry Operating Rate | Thursday 17:00 PM | 0.84% | ↗ |
Data Source: Chempricehub Information
Notes:
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