Rising Costs and Recovering Demand Drive Broad-Based Increase in Acrylic Acid Prices

1. Daily Summary

① Acrylic acid prices in East China rose by 400 CNY/ton to 8,300 CNY/ton compared to the previous business day.

② The average capacity utilization rate of the domestic acrylic acid industry was 62.01%, a decrease of 5.67 percentage points from the previous business day.

2. Spot Market Overview

Table 1: Domestic Acrylic Acid Price Summary (Unit: CNY/ton)

Data Source: Chempricehub

Today, acrylic acid prices in East China reached 8,300 CNY/ton, up 400 CNY/ton from the previous business day. The upward trend in propylene raw material prices has strengthened support for acrylic acid prices. Factories and traders maintained firm quoting. Market sentiment was positive with robust trading activity; downstream customers followed quickly, leading to a broad-based increase in actual transaction prices through direct negotiation.

3. Production Dynamics

The average capacity utilization rate of the acrylic acid industry today was 62.01%, down 5.67 percentage points from the previous business day. Profit margins for acrylic acid in East China stood at -725 CNY/ton, a decline of 177.5 CNY/ton from the previous day.

4. Price Forecast

Propylene costs continue to rise, providing stronger support from the cost side. Factories and inventory holders are maintaining firm quotes in line with market trends. Trading atmosphere is positive, with downstream bulk replenishment driving good transaction volumes. The acrylic acid market is expected to maintain its upward trajectory tomorrow.

5. Related Products

Propylene: Today, the mainstream closing reference price for propylene in the Shandong market was 11,000 CNY/ton (average), up 240 CNY/ton from the previous business day. With limited news guidance, enterprise quotations remained generally stable, with minor adjustments in specific localities. Downstream factories continued to purchase based on immediate needs, with most transactions clustering around median levels.

Butyl Acrylate: Negotiated prices for butyl acrylate in East China ranged from 9,550 to 9,650 CNY/ton, an increase of 150 CNY/ton from the previous business day. Butyl acrylate prices saw a narrow upward movement. Over the weekend, propylene prices rose significantly, lifting the price center for n-butanol due to its correlation with propylene, thereby increasing cost-side support for butyl acrylate. Low-price offers decreased as butyl acrylate manufacturers adjusted quotes according to market conditions. Downstream tape core and acrylic emulsion factories primarily consumed contract quantities and existing inventories, with only minimal inquiries for essential needs. Consequently, the market traded with volatility while trending upward.

6. Data Calendar

Table 4: Domestic Acrylic Acid Data Overview

Data Source: Chempricehub
Remarks:

1. ↓↑ indicates significant fluctuations, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates narrow fluctuations, highlighting data dimensions with changes within 0-3%.