Costs on the supply side continue to rise, exerting upward pressure on acrylic acid prices.

1. Daily Summary

① Acrylic acid price in East China: 8,150 RMB/ton, up 50 RMB/ton from the previous working day.
② Average domestic acrylic acid industry capacity utilization rate: 69.84%, unchanged from the previous working day.

2. Spot Market Overview

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

Data Source: Chempricehub

Today’s acrylic acid price in East China stood at 8,150 RMB/ton, a rise of 50 RMB/ton compared to the previous working day. The market maintained a trend of slight upward movement. Raw material propylene prices continued to rise and remained firm at high levels, providing strong support for acrylic acid prices. Producers and traders showed clear intentions to hold prices, refusing to sell at lower levels. Trading activity within the market was average; downstream users mainly consumed contract inventory, with some transactions driven by essential restocking needs. The weighted average transaction price shifted higher.

3. Production Dynamics

Today’s acrylic acid capacity utilization rate was 69.84%, unchanged from the previous working day. Acrylic acid profit in East China was -237.55 RMB/ton, a decrease of 42.3 RMB/ton from the previous day.

4. Price Forecast

The acrylic acid market is expected to continue its narrow upward trend tomorrow. Rising propylene costs will maintain cost support. Most producers and traders have a strong intention to hold prices. Trading sentiment remains average, with downstream users primarily consuming contract inventory and making purchases based on essential needs. Actual negotiations are expected to lead to further price increases. Overall, the short-term acrylic acid market may continue to rise due to cost pressure.

5. Related Product Status

Propylene: Today, propylene prices in Shandong rose significantly. The mainstream closing reference price was 10,500-10,600 RMB/ton, with an average of 10,550 RMB/ton, up 255 RMB/ton from the previous working day. International crude oil prices continued their upward trend, providing solid cost support. Regional propylene supply was tight, leading to wider increases in asking prices. Downstream follow-up was generally positive, with some auction premiums persisting, driving actual transaction prices higher.

Butyl Acrylate: As of press time, the negotiated market price for butyl acrylate in East China was 9,700-9,800 RMB/ton, up 50 RMB/ton from the previous working day. Butyl acrylate prices fluctuated upwards today. With propylene prices rising significantly and n-butanol continuing to increase, cost pressures on butyl acrylate intensified. Some holders maintained high asking prices in line with market trends. However, inquiries from downstream tape master roll and acrylic emulsion factories were limited, as they mainly focused on consuming contracts and existing inventory. The market trading center shifted slightly higher amidst fluctuations.

6. Data Calendar

Table 4: Domestic Acrylic Acid Data Overview

Data Source: Chempricehub
Note:

1. ↓↑ indicates significant volatility, highlighting data dimensions where changes exceed 3%.
2. ↗↘ indicates narrow volatility, highlighting data dimensions where changes are within 0-3%.