Supply-demand tug-of-war persists, acrylic acid consolidates within a range (20260907)

1. Today's Summary

① The acrylic acid price in East China was 7,650 CNY/ton, unchanged from the previous working day.

② Today, the average capacity utilization rate of the domestic acrylic acid industry was 71.16%, unchanged from the previous day.

2. Spot Market Overview

Table 1 Summary of domestic acrylic acid prices (Unit: CNY/ton)

Data source: Chempricehub

Taking the East China market as the benchmark, the mainstream spot price of acrylic acid today was referenced at 7,650 CNY/ton, flat from the previous working day. The acrylic acid market traded in a range today. Feedstock propylene prices trended downward, weakening cost support, while acrylic acid producers and holders kept offers stable. On the demand side, downstream specialty ester and SAP plants mainly consumed contract volumes and inventories, with some purchases following essential demand. Overall, the focus of actual transaction negotiations remained stable.

3. Production Update

Today, the acrylic acid capacity utilization rate was 71.16%, unchanged from the previous day. Acrylic acid profit in East China was 100.25 CNY/ton, up 159.75 CNY/ton from the previous working day.

4. Price Forecast

Looking ahead to tomorrow, the feedstock propylene market is expected to remain weak, further weakening support from the cost side. Acrylic acid producers and holders may follow market movements and adjust offers flexibly. Downstream specialty ester and SAP plants are still mainly executing contract orders and consuming their own inventories, with spot purchases limited to essential demand and reasonably priced cargoes. The acrylic acid price is expected to continue its narrow range-bound consolidation tomorrow.

5. Related Product Updates

Propylene: The mainstream closing reference for the Shandong propylene market was 9,000-9,080 CNY/ton, with an average of 9,040 CNY/ton, down 260 CNY/ton from the previous working day. As propylene prices were reduced, market trading sentiment warmed. Producers' offers generally stabilized, with a few localized price increases. Downstream plants followed demand, and some auctions saw slight premiums, lifting the transaction focus accordingly. Still, the market remained weaker than the previous working day.

Butyl acrylate: Negotiated prices in the East China butyl acrylate market were 9,050-9,150 CNY/ton, unchanged from the previous working day. Today, butyl acrylate prices consolidated at high levels. As high-price feedstock n-butanol gradually decreased, cost pressure on butyl acrylate eased slightly. Butyl acrylate producers and holders maintained high offers. At present, downstream tape base film plants and acrylic acid plants maintained a strong wait-and-see stance, and trading sentiment was lukewarm. The focus of actual transaction negotiations remained at high levels with range-bound consolidation.

6. Data Calendar

Table 4 Overview of domestic acrylic acid data

Data source: Chempricehub
Notes: 1. ↓/↑ are considered significant fluctuations, highlighting data dimensions with a change exceeding 3%. 2. ↗/↘ are considered slight fluctuations, highlighting data with a change within 0-3%.