On May 14 – Recently, Donghua Chemical's 100,000-ton acrylic resin base in Tongling has successfully commenced operation, establishing a dual-base layout with Shanghai and Tongling, with a total production capacity of 150,000 tons and an estimated annual sales revenue exceeding 2.5 billion yuan. Founded in 2009, the Tongling project took only one year from project approval to production, covering an area of 130 mu with a registered capital of 100 million yuan. The Shanghai plant has a capacity of 45,000 tons. The two sites complement each other, ensuring stable supply to the high-end market, and a second-phase capacity expansion has already been planned. Chempricehub evaluates acrylic acid with a bullish/bearish score: 1 – Donghua Chemical's 100,000-ton acrylic resin base in Tongling has commenced operation, raising total capacity to 150,000 tons, directly driving rigid demand growth for upstream raw material acrylic acid. Combined with the company's second-phase capacity expansion plan already on the agenda, further demand growth is clearly expected, providing supportive fundamentals for both spot and futures prices of acrylic acid. Propylene, bullish/bearish score: 0.5 – The expansion of acrylic acid capacity will transmit upward, marginally improving demand for upstream feedstock propylene, offering slight bullish support for propylene prices. Based on the latest futures market data, the main propylene contract (2607) settled at 8,544 yuan/ton on May 13, 2026, up 81 yuan/ton in a single day, with demand-side positives driving a relatively strong trend.
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