① The price of acrylic acid in the East China region is 8,750 CNY/ton, a decrease of 50 CNY/ton compared to the previous working day.
② Today’s average capacity utilization rate for the domestic acrylic acid industry was 63.81%, down by 4.72% from the previous day.
Table 1: Domestic Acrylic Acid Price Summary (Unit: CNY/ton)
| Market | Specification | Nov 9 | Nov 10 | Change | Remarks |
|---|---|---|---|---|---|
| North China | Standard Grade | 8,600-8,700 | 8,550-8,650 | -50/-50 | Acceptance delivery |
| East China | Standard Grade | 8,700-8,900 | 8,700-8,800 | 0/-100 | Acceptance delivery |
| South China | Standard Grade | 9,100-9,200 | 8,900-9,000 | -200/-200 | Cash delivery |
| Key Upstream | |||||
| Shandong | Propylene | 11,550 | 11,100 | -450 | Ex-factory pickup |
| East China | Propylene | 11,450 | 11,025 | -425 | Ex-factory pickup |
Data Source: Chempricehub Information
The price of acrylic acid in the East China region stood at 8,750 CNY/ton today, down 50 CNY/ton from the previous working day. Raw material propylene prices fell significantly, weakening support for acrylic acid prices. Manufacturers and holders adjusted their offers according to market trends. Market sentiment remained flat with moderate transactions; downstream follow-up pace slowed, and the center of gravity for actual transaction prices shifted downward.
Today’s average capacity utilization rate for the acrylic acid industry was 63.81%, remaining unchanged from the previous day. Profit margins for acrylic acid in East China were -78 CNY/ton, an increase of 252 CNY/ton from the previous day.
Propylene costs dropped significantly, leading to weaker cost-side support. Factories and holders are offering prices in line with market conditions. Overall trading activity remains sluggish, with downstream transactions mainly consisting of small orders. The center of gravity for actual transaction prices continues to decline. The acrylic acid market is expected to remain weak tomorrow, with a potential for further price drops.
Propylene: Propylene prices in Shandong dropped sharply. Mainstream closing references were 11,000–11,200 CNY/ton, with an average price of 11,100 CNY/ton, down 450 CNY/ton from the previous working day. A clear downtrend in international oil prices, combined with increased supply circulation, weighed on trader sentiment. Enterprises offered significant discounts, while downstream buyers entered the market based on rigid demand at lower levels. Trading activity within the market remained moderate.
Butyl Acrylate: Negotiated prices for butyl acrylate in East China ranged from 9,600–9,800 CNY/ton, down 100 CNY/ton from the previous working day. Butyl acrylate prices fluctuated downward today. The cost center of raw material n-butanol continued to decline, reducing cost support for butyl acrylate. Holders adjusted offers according to market trends. Downstream tape master roll and acrylic emulsion factories followed up with rigid demand purchases. Market wait-and-see sentiment was strong, and the center of gravity for trading continued to move downward.
Table 4: Domestic Acrylic Acid Data Overview
| Data Indicator | Release Time | Previous Period Data | Current Trend Forecast |
|---|---|---|---|
| Acrylic Acid Industry Operating Rate | Thursday 17:00 PM | 1.80% | ↗ |
| Butyl Acrylate Industry Operating Rate | Thursday 17:00 PM | -0.09% | ↗ |
| Acrylic Emulsion Industry Operating Rate | Thursday 17:00 PM | -1.04% | ↗ |
| Tape Master Roll Industry Operating Rate | Thursday 17:00 PM | 0.84% | ↗ |
Data Source: Chempricehub Information
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