Costs have retreated while demand remains sluggish, leading to sideways consolidation in acrylic acid prices.

1. Today’s Summary

① Acrylic acid price in East China: RMB 8,300/ton, unchanged from the previous trading day.

② Average capacity utilization rate of the domestic acrylic acid industry today: 61.06%, unchanged from the previous trading day.

2. Spot Market Overview

Table 1: Summary of Domestic Acrylic Acid Prices (Unit: RMB/ton)

Data Source: Chempricehub Information

Today, the price of acrylic acid in East China stood at RMB 8,300/ton, remaining stable compared to the previous trading day. The price range for propylene, a key raw material, retreated from highs and consolidated within a narrow band, weakening its support for acrylic acid prices. Producers and traders maintained steady offer prices. Market sentiment was flat with average transaction volumes; downstream procurement pace slowed, and actual negotiations focused on wider price ranges.

3. Production Dynamics

Today, the average capacity utilization rate of the acrylic acid industry was 61.06%, unchanged from the previous trading day. Profit margins for acrylic acid producers in East China were negative RMB 439/ton, an improvement of RMB 35.5/ton compared to the previous day.

4. Price Forecast

Propylene costs have retreated from high levels, weakening cost-side support. Producers and inventory holders are maintaining steady offer prices. Trading activity in the market remains subdued, with downstream transactions primarily consisting of small orders and overall volume being moderate. It is expected that the acrylic acid market will continue to consolidate at elevated levels tomorrow.

5. Related Products

Propylene: The spot price of propylene in Shandong dropped significantly. The mainstream closing reference price was RMB 10,800–10,900/ton, with an average of RMB 10,850/ton, down by RMB 150/ton from the previous trading day. Declining international crude oil prices weighed on market participants' sentiment. Downstream sectors faced increasing cost pressure, resulting in limited purchasing follow-through. Rising inventory pressures led companies to offer wider discounts. There were few premiums on actual deals, and the transaction center of gravity shifted downward accordingly.

Butyl Acrylate: Negotiated prices for butyl acrylate in East China ranged from RMB 9,650 to 9,750/ton, up by RMB 100/ton from the previous trading day. Butyl acrylate prices continued their upward trend. Raw material n-butanol prices rose due to the influence of propylene, while acrylic acid remained largely stable with minor fluctuations. This increased cost support for butyl acrylate. Producers adjusted offers according to market trends, leading to gradual price increases. Downstream manufacturers of tape master rolls and acrylic emulsions mainly consumed existing contracts and inventories, with only limited inquiries driven by rigid demand. Consequently, the market traded in a volatile but rising pattern.

6. Data Calendar

Table 4: List of Domestic Acrylic Acid Data

Data Source: Chempricehub Information
Notes:

1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates narrow-range fluctuation, highlighting data dimensions with changes within 0–3%.