May 14 News – On May 14, Wanhua Chemical’s acrylic acid quotation in Northeast China was 9,650 RMB/ton, down 700 RMB/ton from the previous quotation. The 300,000-ton/year acrylic acid unit is operating normally.

Chempricehub Analysis on Acrylic Acid
Bullish/Bearish Score: -1

Wanhua Chemical is a core supplier of acrylic acid in China. The latest quotation in the Northeast region was reduced by 700 RMB/ton compared with the previous trading day, representing a relatively significant decline. This sends a bearish signal to China’s spot acrylic acid market. Currently, its 300,000-ton/year acrylic acid unit is running steadily, providing no positive support from the supply side. In the short term, spot acrylic acid prices remain under pressure.

Analysis on Propylene
Bullish/Bearish Score: -0.5

As an upstream feedstock for acrylic acid, the reduction in acrylic acid quotations to some extent reflects weaker downstream demand, which exerts a slight bearish impact on propylene demand.

May 13, 2026: The settlement price of the main propylene contract (July 2026, code 2607) on the Zhengzhou Commodity Exchange was 8,544 RMB/ton, up 81 RMB/ton from the previous trading day. Open interest stood at 13,588 lots. The current bearish influence has not yet been clearly reflected in the futures market. In the short term, propylene prices may fluctuate within a narrow range.