I. Daily Summary
Table 1: Domestic Butyl Acrylate Price Summary (Unit: RMB/ton)
| Market | Oct 22 | Oct 23 | Change | % Change |
|---|---|---|---|---|
| North China | 9,500 | 9,450 | -50 | -0.53% |
| East China | 9,500 | 9,450 | -50 | -0.53% |
| South China | 9,750 | 9,650 | -100 | -1.03% |
| Key Upstream | ||||
| n-Butanol | 8,225 | 8,250 | +25 | +0.3% |
Source: Chempricehub Information
Based on the East China market, today's closing price for butyl acrylate was 9,450 RMB/ton, a decrease of 50 RMB/ton from the previous business day. The upstream basic raw material propylene fluctuated and rebounded slightly, while the raw material n-butanol followed this upward trend. Consequently, cost pressure on butyl acrylate increased. Holders quoted prices according to market conditions, with some cautiously offering discounts to move inventory. As the month-end approaches, downstream proactive inquiries have been limited. Overall, the market price center continued to oscillate weakly today.
III. Production Dynamics
Today, the domestic capacity utilization rate for butyl acrylate was 57.02%, remaining flat compared to the previous business day.
IV. Price Forecast
The raw material n-butanol saw a slight increase, enhancing cost support. Butyl acrylate prices are consolidating at low levels, with downstream adhesive and acrylic emulsion factories following up on rigid demand. It is expected that the short-term butyl acrylate market will stabilize and then primarily rise through fluctuations.
V. Related Products Status
n-Butanol Market: Today, the reference ex-factory price for Jiangsu n-butanol was 8,250–8,250 RMB/ton. Low-priced supply has decreased in the market. A significant rise in propylene prices has strengthened cost-side support, pushing prices higher. Downstream buyers are primarily engaging in opportunistic purchasing based on rigid demand.
Acrylic Acid Market: Negotiation intentions for acrylic acid in the East China market were at 7,800–8,000 RMB/ton, unchanged from the previous business day. With propylene prices halting their decline and rising, the domestic acrylic acid market is operating steadily. Regarding demand, downstream factories are replenishing small orders, leaving room for negotiation on actual transactions, causing fluctuations in the transaction price center.
Ethyl Acrylate Market: Negotiations for ethyl acrylate in the East China market were at 10,600–10,800 RMB/ton, a decrease of 50 RMB/ton from the previous business day. The ethyl acrylate market continued its weak oscillation today. On the raw material side, ethanol fluctuated slightly upward, and acrylic acid consolidated amidst fluctuations, resulting in limited changes in costs. Ethyl acrylate producers and holders quoted flexibly, with some cautiously offering discounts to sell. Downstream sectors such as textile auxiliaries and leather auxiliaries showed limited proactive procurement. Most transactions were negotiated on an order-by-order basis, keeping the trading center in a weak oscillation.
Methyl Acrylate Market: Today, quotes for methyl acrylate in the East China region were around 10,000–10,200 RMB/ton. The methyl acrylate market operated in a weak consolidation mode today. Looking at raw materials, methanol rose while acrylic acid prices remained weak and fluctuating, providing high-level cost support. Methyl acrylate producers and holders quoted according to market trends, but overall downstream factory procurement was limited. Some holders cautiously offered discounts to move inventory. Trading was primarily driven by rigid demand, with the trading center maintaining weak stability.
Table 2: Domestic Butyl Acrylate Data Overview (Unit: 10,000 tons)
| Data Indicator | Release Time | Previous Period Data | Current Trend Forecast |
|---|---|---|---|
| Capacity Utilization Rate | Thursday 16:00 PM | 58.13% | ↗ |
| Weekly Output | Thursday 16:00 PM | 5.07 | ↗ |
Source: Chempricehub Information
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