I. Daily Summary
Table 1: Summary of Domestic Butyl Acrylate Prices (Unit: RMB/ton)
| Market | Oct 29 | Oct 30 | Change | % Change |
|---|---|---|---|---|
| North China | 9750 | 10000 | 250 | 2.56% |
| East China | 9800 | 10100 | 300 | 3.06% |
| South China | 9950 | 10200 | 250 | 2.51% |
| Key Upstream | ||||
| n-Butanol | 8450 | 8700 | 250 | 2.96% |
Source: Chempricehub Information
Based on the East China market, the closing price of butyl acrylate today was 10,100 RMB/ton, an increase of 300 RMB/ton from the previous working day. The upstream raw material n-butanol rose significantly, and propylene prices maintained a strong upward trend, substantially increasing cost pressure on butyl acrylate. Holders of butyl acrylate stocks offered firm and rising quotes, with fewer low-price offers available. Downstream customers gradually followed up with inquiries based on rigid demand to replenish stocks, leading to a noticeable rise in inquiry activity. Prices moved broadly higher. Overall, the market's price center remained firm and trending upward today.
III. Production Dynamics
Today, the domestic capacity utilization rate for butyl acrylate was 55.56%, remaining flat compared to the previous day.
IV. Price Forecast
With significant increases in raw materials n-butanol and acrylic acid, costs have risen notably. Driven by downstream rigid demand, the domestic butyl acrylate market is expected to remain firm in the short term.
V. Related Product Markets
n-Butanol Market: The reference ex-factory price for Jiangsu n-butanol was 8,700–8,700 RMB/ton. The market price center rose sharply as propylene raw material prices surged, increasing cost pressures and supporting price gains. Downstream inquiries and transaction prices both moved higher.
Acrylic Acid Market: The negotiation range for East China acrylic acid was 8,600–8,800 RMB/ton, up 200 RMB/ton from the previous working day. Rising propylene costs strengthened bullish sentiment, leading to domestic acrylic acid price hikes. On the demand side, downstream purchasing pace slowed, transactions were average, mostly small orders, leaving room for negotiation on actual deals, though the transaction price center shifted upward.
Ethyl Acrylate Market: The negotiation range for East China ethyl acrylate was 10,800–10,900 RMB/ton, up 200 RMB/ton from the previous working day. The ethyl acrylate market trended higher amid fluctuations today. Ethanol prices consolidated within a range while propylene surged, significantly increasing costs. Factories and stockholders adjusted quotes flexibly, maintaining firm upward pricing. Downstream customers gradually followed up with purchases based on rigid demand, causing the transaction price center to rise amid fluctuations.
Methyl Acrylate Market: Today’s quotes for methyl acrylate in East China were around 10,100–10,300 RMB/ton, up 100 RMB/ton from the previous working day. The methyl acrylate market trended higher amid fluctuations today. Regarding raw materials, methanol prices rose slightly, and acrylic acid prices increased in tandem with propylene, strengthening cost support. Methyl acrylate factories and stockholders adjusted quotes according to market conditions, gradually raising prices. However, overall downstream factory procurement remained limited, with some stockholders cautiously offering discounts to clear inventory. Market transactions were primarily driven by rigid demand, resulting in a fluctuating upward shift in the transaction price center.
Table 2: Domestic Butyl Acrylate Data Overview (Unit: 10,000 tons)
| Indicator | Release Time | Previous Period Data | Current Trend Forecast |
|---|---|---|---|
| Capacity Utilization Rate | Thursday 16:00 PM | 56.19% | ↗ |
| Weekly Output | Thursday 16:00 PM | 4.9 | ↗ |
Source: Chempricehub Information
Notes:
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