November 12: The outlook for US-Iran relations remains uncertain, sustaining market concerns over supply risks and driving international crude oil prices higher. NYMEX WTI crude oil futures (December contract) closed at $88.74/bbl, up $2.21/bbl (+2.55% WoW); ICE Brent crude futures (January contract) closed at $95.82/bbl, up $3.06/bbl (+3.30% WoW). China INE crude oil futures (January 2027 contract) fell by 11.8 to 595.9 CNY/bbl during the day session, but rose by 14.6 to 610.5 CNY/bbl in the night session.
Domestic MMA prices remained stable yesterday. Cost support persists, with sellers' quotes showing little change overall. The market is in a wait-and-see mode, characterized mainly by negotiation on actual orders and limited transactions. In the short term, domestic MMA price fluctuations are expected to remain limited.
The central trend of domestic Butyl Acrylate continued to fluctuate downward yesterday. Propylene prices dropped significantly, while upstream raw materials n-butanol and acrylic acid also weakened simultaneously, reducing cost support for Butyl Acrylate. Sellers quoted prices according to market trends, while downstream users showed limited active inquiries, resulting in cautious and bearish market sentiment. It is projected that n-butanol will continue to fluctuate downward today, further weakening cost support. Consequently, the Butyl Acrylate market is expected to trend downward due to insufficient cost backing. Future attention should focus on market supply conditions and changes in raw material prices.
| Region | Nov 11, 2026 | Nov 12, 2026 | Change | |
|---|---|---|---|---|
| Upstream | ||||
| Propylene | Shandong | 10,400-10,500 | 10,350-10,500 | ↓ 50/0 |
| East China | 10,300-10,450 | 10,300-10,400 | 0/ ↓ 50 | |
| N-Butanol | Shandong | 7,800-7,800 | 7,800-7,880 | 0/80 |
| East China | 8,000-8,000 | 7,900-7,900 | ↓ 100/ ↓ 100 | |
| Isooctanol | Jiangsu | 9,400-9,500 | 9,400-9,400 | 0/ ↓ 100 |
| Acrylic Acid & Esters | ||||
| Acrylic Acid | East China | 8,600-8,700 | 8,500-8,600 | ↓ 100/ ↓ 100 |
| North China | 8,500-8,600 | 8,350-8,450 | ↓ 150/ ↓ 150 | |
| South China | 8,700-8,900 | 8,600-8,800 | ↓ 100/ ↓ 100 | |
| Purified Acrylic Acid | East China | 9,100-9,300 | 9,100-9,300 | 0/0 |
| Butyl Acrylate | East China | 9,600-9,700 | 9,500-9,600 | ↓ 100/ ↓ 100 |
| North China | 9,600-9,700 | 9,400-9,600 | ↓ 200/ ↓ 100 | |
| South China | 9,750-9,850 | 9,600-9,700 | ↓ 150/ ↓ 150 | |
| Ethyl Acrylate | Jiangsu | 10,500-10,700 | 10,500-10,700 | 0/0 |
| Methyl Acrylate | Jiangsu | 10,000-10,100 | 9,950-10,050 | ↓ 50/ ↓ 0 |
| Isodecyl Acrylate | Jiangsu | 11,000-11,200 | 10,800-11,000 | ↓ 200/ ↓ 200 |
| Downstream & Related Products | ||||
| MMA | Shandong | 12,650-12,700 | 12,650-12,700 | 0/0 |
| East China | 12,700-12,900 | 12,700-12,900 | 0/0 | |
| Vinyl Acetate | East China | 7,350-7,400 | 7,350-7,400 | 0/0 |
| South China | 7,150-7,250 | 7,150-7,250 | 0/0 | |
| Styrene | East China | 9,350-9,560 | 9,500-10,070 | ↑ 150/ ↑ 510 |
| Methacrylic Acid | East China | 14,800-14,900 | 14,800-14,900 | 0/0 |
| Acrylic Emulsion | Pure Acrylic Emulsion | 7,500-8,400 | 7,500-8,400 | 0/0 |
| Styrene-Acrylic Emulsion | 6,200-6,600 | 6,200-6,600 | 0/0 | |
| Adhesive Tape Master Roll | East China (50μ) | 11,400-11,600 | 11,400-11,600 | 0/0 |
Unit: CNY/ton
Yesterday, Butyl Acrylate declined, Styrene's central price level rose, and the MMA market consolidated, with overall costs remaining largely unchanged. Acrylic emulsion manufacturers quoted prices flexibly based on market conditions to facilitate shipments, supported by rigid demand from downstream buyers, maintaining the negotiation range. In the short term, after consecutive declines, the adjustment space for raw material Butyl Acrylate has narrowed. Styrene may see a slight recovery, leading to narrow fluctuations in the cost end. Emulsion producers and holders are likely to stabilize their quotes, focusing on flexible negotiations for sales. The emulsion market is expected to operate weakly but steadily. Future monitoring should focus on raw materials such as Butyl Acrylate, MMA, and Styrene, as well as developments in the downstream market.
| Region | Apr 27, 2026 | Apr 28, 2026 | Change | |
|---|---|---|---|---|
| Upstream | ||||
| Propylene | Shandong | 8,980-9,100 | 9,150-9,300 | ↑ 170/ ↑ 200 |
| East China | 9,600-9,650 | 9,650-9,700 | ↑ 50/ ↑ 50 | |
| N-Butanol | Shandong | 7,600-7,600 | 7,400-7,500 | ↓ 200/ ↓ 100 |
| East China | 7,650-7,700 | 7,600-7,650 | ↓ 50/ ↓ 50 | |
| Isooctanol | Jiangsu | 8,800-8,900 | 8,800-8,900 | 0/0 |
| Acrylic Acid & Esters | ||||
| Acrylic Acid | East China | 9,700-9,900 | 9,300-9,500 | ↓ 400/ ↓ 400 |
| North China | 9,700-9,800 | 9,400-9,600 | ↓ 300/ ↓ 200 | |
| South China | 9,700-9,900 | 9,500-9,700 | ↓ 200/ ↓ 200 | |
| Purified Acrylic Acid | East China | 10,300-10,600 | 10,100-10,400 | ↓ 200/ ↓ 200 |
| Butyl Acrylate | East China | 10,000-10,300 | 9,700-9,900 | ↓ 300/ ↓ 400 |
| North China | 10,000-10,300 | 9,700-9,900 | ↓ 300/ ↓ 400 | |
| South China | 10,000-10,200 | 9,700-9,900 | ↓ 300/ ↓ 300 | |
| Ethyl Acrylate | Jiangsu | 12,800-13,000 | 12,700-13,000 | ↓ 100/0 |
| Methyl Acrylate | Jiangsu | 13,000-13,600 | 12,800-13,400 | ↓ 200/ ↓ 200 |
| Isodecyl Acrylate | Jiangsu | 12,300-12,600 | 12,300-12,600 | 0/0 |
| Downstream & Related Products | ||||
| MMA | Shandong | 12,500-12,500 | 12,200-12,200 | ↓ 300/ ↓ 300 |
| East China | 12,500-12,700 | 12,300-12,500 | ↓ 200/ ↓ 200 | |
| Vinyl Acetate | East China | 10,900-10,900 | 10,200-10,200 | ↓ 700/ ↓ 700 |
| South China | 10,500-11,000 | 10,500-11,000 | 0/0 | |
| Styrene | East China | 10,120-10,180 | 10,040-10,170 | ↓ 80/ ↓ 10 |
| Methacrylic Acid | East China | 15,600-15,800 | 15,400-15,700 | ↓ 200/ ↓ 100 |
| Acrylic Emulsion | Pure Acrylic Emulsion | 7,800-8,200 | 7,800-8,200 | 0/0 |
| Styrene-Acrylic Emulsion | 6,600-7,400 | 6,500-7,300 | ↓ 100/ ↓ 100 | |
| Adhesive Tape Master Roll | East China (50μ) | 10,600-11,000 | 10,600-10,800 | 0/ ↓ 200 |
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