Feedstock: The propylene market rose and then pulled back. Early in the week, prices remained elevated due to tight supply conditions. Subsequently, international crude oil prices continued to weaken, compounded by insufficient willingness among downstream buyers to accept high prices. To avoid inventory buildup risks, producers gradually lowered their asking prices, causing transaction centers to decline. Although trading activity improved slightly after the price correction, crude oil plunged again towards the end of the week, further intensifying downstream caution and leading to a significant downward trend in prices.
Operating Rates: The overall operating rate for acrylic acid (AA) enterprises this week was estimated at 64.66%, down 4.59% from the previous period.
| Figure 1: Acrylic Acid Price Trend Chart 2025-2026 (CNY/ton) |
|---|
| Source: Chempricehub Information |
Weekly Price Change Table for Domestic Acrylic Acid Market
Unit: CNY/ton
| Product | Region | Last Week | This Week | Change Value | Change Rate |
|---|---|---|---|---|---|
| Acrylic Acid | Jiangsu | 8260 | 8840 | 580 | 7.02% |
| Acrylic Acid | Shandong | 8160 | 8720 | 680 | 8.33% |
| Acrylic Acid | Guangdong | 8740 | 9190 | 100 | 1.14% |
Source: Chempricehub Information
Summary:
The East China acrylic acid market trended upward and held firm at high levels this week. Mainstream delivered quotes ranged from 8,800–9,000 CNY/ton, representing a substantial increase compared to last week. Propylene feedstock prices surged and then retreated, weakening the cost support for acrylic acid. On the supply side, Fujian Binhai restarted operations, and Shanghai Huayi completed maintenance and resumed production, leading to an overall increase in operating rates. Producers maintained a bullish stance with stable pricing offers, resulting in an overall rise in market prices. On the demand side, downstream procurement pace slowed, market sentiment remained average, and transactions were primarily driven by rigid-demand small-order restocking.
In East China, some acrylic acid deals were negotiated around 8,840 CNY/ton. The industry operating rate stood at 64.66%, down 4.59% from the previous period.
Butyl acrylate (BA) plant operating rates were at 59.28%, down 3.09% month-on-month. Some East China BA deals were negotiated around 10,200 CNY/ton.
The East China acrylic acid market is expected to trade weakly within a narrow range next week. There are expectations of declines in upstream propylene prices, which will weaken cost support. On the supply side, some producers plan to shut down for maintenance next week, while those that have completed maintenance are adopting a wait-and-see approach or strategically delaying restarts, potentially leading to a slight decrease in overall capacity utilization. Factories and traders maintain a bullish stance, expecting stable pricing offers. On the demand side, falling crude oil and consecutive declines in propylene prices have fostered bearish sentiment among downstream buyers, slowing procurement pace. Transactions will remain dominated by rigid demand, and actual negotiated prices may fluctuate downwards.
For more weekly market analysis, please refer to the Chempricehub Information Weekly Report on Acrylic Acid and Esters.
Comments
0