Costs remain persistently strong, driving the acrylic acid market to trend upward amid volatility.

1. Today’s Summary

① Acrylic acid prices in East China were 8,100 RMB/ton, up 150 RMB/ton from the previous business day.

② The average domestic capacity utilization rate for the acrylic acid industry was 69.84%, down 3.15% from the previous business day.

2. Spot Market Overview

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

Data Source: Chempricehub

Today, acrylic acid prices in East China stood at 8,100 RMB/ton, rising by 150 RMB/ton compared to the previous business day. The market continued its slight upward trend. Raw material propylene prices maintained their small increases and remained firm at high levels, providing some support to the acrylic acid market. Factories and traders showed a clear intention to maintain high quoted prices. Trading activity within the market improved, with good order intake primarily driven by restocking based on actual demand. The center of gravity for actual transaction prices shifted upward.

3. Production Dynamics

Today, the acrylic acid capacity utilization rate was 73.2%, remaining flat compared to the previous business day. Profit margins for acrylic acid in East China were -108 RMB/ton, also unchanged from the previous day.

4. Price Forecast

The acrylic acid market is expected to see a slight upward movement tomorrow. The cost of propylene continues to rise, strengthening cost support. Most factories and traders show a strong intention to hold prices. Market trading sentiment has improved, with downstream buyers mainly replenishing stocks based on essential needs. Transactions are active, and actual deals are likely to push prices higher through negotiation. Overall, the short-term acrylic acid market may continue its upward trend due to sustained high costs.

5. Related Products

Propylene: Today, propylene prices in Shandong continued to rise, with mainstream closing references at 10,240–10,350 RMB/ton (average 10,295 RMB/ton), an increase of 220 RMB/ton from the previous business day. International crude oil prices strengthened, enhancing cost support for propylene. Producers experienced smooth shipments, with quotes consistently trending higher. Downstream factories followed suit according to their needs, causing the center of gravity for actual transactions to rise simultaneously.

Butyl Acrylate: As of press time, negotiated prices for butyl acrylate in East China ranged from 9,650 to 9,750 RMB/ton, up 50 RMB/ton from the previous business day. Butyl acrylate prices continued their upward trend today. Propylene prices saw significant gains, while raw material n-butanol faced pressure and rose accordingly. This increased cost pressure on butyl acrylate. Some holders adjusted their quotes in line with market conditions. Downstream users, such as tape master roll manufacturers and acrylic emulsion plants, remained largely wait-and-see, with limited proactive inquiries. Low-price offers diminished, and the market's transaction price center continued to rise.

6. Data Calendar

Table 4: Domestic Acrylic Acid Data Overview

Data Source: Chempricehub

Notes:

1. ↓↑ indicates significant fluctuations, highlighting data points with changes exceeding 3%.
2. ↗↘ indicates narrow-range fluctuations, highlighting data points with changes between 0 and 3%.