November 11: Middle Eastern geopolitical tensions remain unstable, and the prospects for U.S.-Iran negotiations are unclear, driving international crude oil prices higher. NYMEX WTI futures (December contract) closed at $86.53/barrel, up $0.49 (+0.57%); ICE Brent futures (January contract) closed at $92.76/barrel, up $1.27 (+1.39%). China INE crude oil futures (SC2701 contract) fell by 15.2 to 584.1 yuan/barrel during the day session but rose by 13.2 to 597.3 yuan/barrel in the night session.
Domestic MMA market prices remained stable yesterday. Inquiry activity was subdued, with average shipping volumes from holders. Market sentiment is heavily wait-and-see, awaiting further guidance from fundamentals. The domestic MMA market is expected to remain in a stalemate in the short term.
The center of gravity for domestic butyl acrylate prices continued to trend lower with fluctuations yesterday. Propylene prices dropped significantly; upstream raw materials n-butanol and acrylic acid also weakened simultaneously. Cost support for butyl acrylate declined, leading holders to adjust quotes according to market trends. Downstream users showed limited proactive inquiries, resulting in cautious and bearish market sentiment. Today, n-butanol is expected to fluctuate downward, further reducing cost support. Consequently, the butyl acrylate market is projected to continue its downward trend due to insufficient cost backing. Future focus should be on supply conditions and raw material price movements.
| Region | 2026/11/10 | 2026/11/11 | Change | |
|---|---|---|---|---|
| Upstream | ||||
| Propylene | Shandong | 11,000–11,200 | 10,400–10,500 | ↓ 600 / ↓ 700 |
| East China | 10,900–11,150 | 10,900–11,150 | 0 / 0 | |
| N-Butanol | Shandong | 8,000–8,000 | 7,800–7,800 | ↓ 200 / ↓ 200 |
| East China | 8,100–8,100 | 8,000–8,000 | ↓ 100 / ↓ 100 | |
| Octanol | Jiangsu | 9,600–9,700 | 9,400–9,500 | ↓ 200 / ↓ 200 |
| Acrylic Acid & Esters | ||||
| Acrylic Acid | East China | 8,700–8,800 | 8,600–8,700 | ↓ 100 / ↓ 100 |
| North China | 8,550–8,650 | 8,500–8,600 | ↓ 50 / ↓ 50 | |
| South China | 8,900–9,000 | 8,700–8,900 | ↓ 200 / ↓ 100 | |
| Purified Acrylic Acid | East China | 9,100–9,300 | 9,100–9,300 | 0 / 0 |
| Butyl Acrylate | East China | 9,600–9,800 | 9,600–9,700 | 0 / ↓ 100 |
| North China | 9,650–9,750 | 9,600–9,700 | ↓ 50 / ↓ 50 | |
| South China | 9,850–9,950 | 9,750–9,850 | ↓ 100 / ↓ 100 | |
| Ethyl Acrylate | Jiangsu | 10,700–10,900 | 10,700–10,900 | 0 / 0 |
| Methyl Acrylate | Jiangsu | 10,200–10,300 | 10,200–10,300 | 0 / 0 |
| 2-Ethylhexyl Acrylate | Jiangsu | 11,000–11,300 | 11,000–11,200 | 0 / ↓ 100 |
| 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 | 7,200–7,300 | 7,150–7,250 | ↓ 50 / ↓ 50 | |
| Styrene | East China | 9,170–9,460 | 9,350–9,560 | ↑ 180 / ↑ 100 |
| Methacrylic Acid | East China | 14,800–14,900 | 14,800–14,900 | 0 / 0 |
| Acrylic Emulsion | Pure Acrylic Emulsion | 7,600–8,400 | 7,500–8,400 | ↓ 100 / 0 |
| SBR Acrylic Emulsion | 6,200–6,600 | 6,200–6,600 | 0 / 0 | |
| Adhesive Tape Master Roll | East China (50μm) | 11,500–11,700 | 11,400–11,600 | ↓ 100 / ↓ 100 |
Unit: Yuan/Ton
Butyl acrylate prices declined yesterday, while styrene rebounded after an initial drop. The MMA market remained stable, with cost-side factors showing minor fluctuations. Acrylic emulsion factories adjusted quotes flexibly, focusing on active volume release with a downward shift in price centers. Downstream users negotiated aggressively, resulting in weak trading activity. In the short term, macro-political uncertainties remain high. Raw material prices may continue to fluctuate within ranges. Emulsion producers and holders are likely to prioritize volume release, while end-users will purchase based on rigid demand. Therefore, the emulsion market is expected to remain weak. Future attention should be paid to dynamics in butyl acrylate, MMA, styrene raw materials, and downstream markets.
| Region | 2026/04/27 | 2026/04/28 | 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 | |
| Octanol | 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 |
| 2-Ethylhexyl 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 |
| SBR Acrylic Emulsion | 6,600–7,400 | 6,500–7,300 | ↓ 100 / ↓ 100 | |
| Adhesive Tape Master Roll | East China (50μm) | 10,600–11,000 | 10,600–10,800 | 0 / ↓ 200 |
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