Costs remain stable, and the acrylic acid market continues to decline.

1. Today's Summary

① Acrylic acid price in East China: 7,900 RMB/ton, down 50 RMB/ton from the previous trading day.

② Average domestic acrylic acid capacity utilization rate: 73.2%, unchanged from the previous trading day.

2. Spot Market Overview

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

Data Source: Chempricehub

Today, the acrylic acid price in East China stood at 7,900 RMB/ton, a decrease of 50 RMB/ton compared to the previous trading day. The market continued its downward trend. Raw material costs remained stable but provided limited support. Factories and traders showed strong willingness to sell, adjusting quotes flexibly according to market conditions. Trading activity was sluggish; downstream demand was weak with limited transactions, primarily consisting of inquiries for low prices and small orders. The center of gravity for actual transaction prices shifted lower.

3. Production Dynamics

Today's acrylic acid capacity utilization rate was 73.2%, remaining flat compared to the previous trading day. Profit margins for acrylic acid in East China were 137.25 RMB/ton, a decrease of 50 RMB/ton from the previous day.

4. Price Forecast

The acrylic acid market is expected to consolidate tomorrow. Cost prices are weakly stable, providing limited support for acrylic acid. Factories and traders show a clear intention to maintain prices, offering steady quotes. Downstream demand remains weak, with buyers mainly focusing on digesting contract inventory. Transactions are limited, with some small orders following up. Market sentiment is generally quiet, and actual deals are negotiated on a case-by-case basis, suggesting consolidation. Overall, the supply-demand tug-of-war is intensifying in the short term, and the acrylic acid market is likely to continue consolidating with weak stability.

5. Related Products

Propylene: Today, the propylene market in Shandong was primarily characterized by consolidation. Mainstream closing references ranged from 9,350 to 9,400 RMB/ton, with an average price of 9,375 RMB/ton, unchanged from the previous trading day. International oil prices saw a narrowing decline, and combined with controllable inventories across most enterprises, sellers showed a strong willingness to maintain prices. However, market divergence persists, with local prices continuing to adjust downwards. Downstream factories maintained follow-up purchases based on rigid demand. Some low-priced sources traded at premiums, while the actual transaction range remained largely stable.

Butyl Acrylate: As of press time, the commercial negotiation price for butyl acrylate in East China was 9,400-9,600 RMB/ton, down 250 RMB/ton from the previous trading day. Butyl acrylate prices continued to fall today. N-butanol raw materials fluctuated weakly, reducing cost pressure for butyl acrylate. Some holders adjusted quotes flexibly to sell inventory, while others actively sought to offload stock. Downstream manufacturers of adhesive master rolls and acrylic emulsions adopted a cautious wait-and-see approach, purchasing prudently. Most transactions were negotiated on a case-by-case basis, causing the market's trading center of gravity to oscillate downwards.

6. Data Calendar

Table 4: Domestic Acrylic Acid Data Overview

Data Source: Chempricehub
Remarks:

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