May 11 – On May 11, Wanhua Chemical's acrylic acid offer in North China was quoted at RMB 10,050/ton, down RMB 300/ton from the previous quotation. The company's 300,000-ton-per-year acrylic acid plant is operating normally. Chempricehub comments on acrylic acid: Bullish/Bearish rating: -1
On May 11, Wanhua Chemical's North China acrylic acid quotation was RMB 10,050/ton, down RMB 300/ton from the previous trading day. The company's 300,000-ton-per-year acrylic acid unit is operating normally, with no positive support from the supply side, which has formed a generally bearish impact on the spot price of acrylic acid.

Propylene – Bullish/Bearish rating: -0.5
Propylene is the core raw material for acrylic acid production. The recent price reduction in acrylic acid will compress the profit margins of the upstream propylene industry chain, which is bearish for propylene demand. On May 8, the closing price of the main propylene contract (2607) on the Zhengzhou Commodity Exchange was RMB 8,268/ton, down RMB 202/ton from the previous trading day. The expectation of weak demand has had a slightly bearish effect on propylene prices.