I. Daily Summary
Table 1: Summary of Domestic Butyl Acrylate Prices (Unit: RMB/ton)
| Market | Oct 20 | Oct 21 | Change | % Change |
|---|---|---|---|---|
| North China | 9,650 | 9,600 | -50 | -0.52% |
| East China | 9,650 | 9,600 | -50 | -0.52% |
| South China | 9,950 | 9,850 | -100 | -1.01% |
| Key Upstream | ||||
| n-Butanol | 8,300 | 8,250 | -50 | -0.6% |
Source: Chempricehub
Based on the East China market as the benchmark, the closing price for butyl acrylate was 9,600 RMB/ton today, a decrease of 50 RMB/ton from the previous trading day. The upstream basic raw material, propylene, experienced significant declines. Raw materials n-butanol and acrylic acid also continued to fall in price, leading to reduced cost support for butyl acrylate. Holders quoted prices according to market trends. As contract periods ended, holders were active in selling, with some offering cautious discounts to move inventory. Affected by the "buy high, don't buy low" mentality among downstream buyers, proactive inquiries were limited. Overall, the market price center of gravity continued its downward trend.
III. Production Dynamics
Today's domestic capacity utilization rate for butyl acrylate was 59.94%, remaining flat compared to the previous trading day.
IV. Price Forecast
Downstream operators remain cautious. It is expected that the raw material n-butanol will continue to decline, further weakening cost support. Consequently, butyl acrylate prices are likely to continue falling. Spot purchasing by downstream adhesive and acrylic emulsion factories remains limited. Therefore, the short-term butyl acrylate market is expected to fluctuate weakly.
V. Related Product Markets
n-Butanol Market: In Jiangsu, n-butanol prices referenced ex-factory shipments at 8,200–8,300 RMB/ton. Lower-priced transactions emerged, shifting the trading center toward the lower end. Downstream demand remained cautious, resulting in strong wait-and-see sentiment. Supply was stable, but overall trading activity was moderate.
Acrylic Acid Market: Negotiated prices for acrylic acid in East China ranged between 7,900–8,000 RMB/ton, down 150 RMB/ton from the previous trading day. Propylene prices narrowed slightly downward, causing domestic acrylic acid markets to continue drifting lower within a narrow range. On the demand side, downstream users made small replenishment purchases, leaving room for negotiation on actual orders. The transaction price center declined accordingly.
Ethyl Acrylate Market: Negotiated prices for ethyl acrylate in East China were 10,700–10,900 RMB/ton, down 150 RMB/ton from the previous trading day. The market fluctuated downward today. Ethanol prices stabilized temporarily, while acrylic acid continued its volatile decline, reducing cost support. Ethyl acrylate producers and holders adjusted quotes flexibly, with some offering cautious discounts. Active procurement from downstream textile auxiliaries and leather chemicals was limited. Transactions were primarily negotiated on an order-by-order basis, with the trading center trending downward.
Methyl Acrylate Market: Quotes for methyl acrylate in East China were around 10,000–10,200 RMB/ton, down 100 RMB/ton from the previous trading day. The market continued its volatile downward trend today. From the raw material perspective, methanol and acrylic acid prices fell, compressing costs. Methyl acrylate producers and holders quoted according to market conditions. Downstream factories purchased based on immediate needs, keeping trading focused on essential demand, with the transaction center continuing to decline.
Table 2: Domestic Butyl Acrylate Data Overview (Unit: 10,000 tons)
| Metric | Release Time | Previous Period | Current Trend Forecast |
|---|---|---|---|
| Capacity Utilization Rate | Thursday 16:00 PM | 61.26% | ↗ |
| Weekly Output | Thursday 16:00 PM | 5.35 | ↗ |
Source: Chempricehub
Notes:
1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates minor fluctuations, highlighting data dimensions with changes within 0–3%.
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