Costs surged, driving up acrylic acid prices

1. Daily Summary

① Acrylic acid price in East China was 8,400 yuan/ton, up by 250 yuan/ton compared to the previous working day.

② The average capacity utilization rate of the domestic acrylic acid industry today was 69.25%, down by 0.59% from the previous working day.

2. Spot Market Overview

Table 1: Domestic Acrylic Acid Price Summary (Unit: Yuan/Ton)

Data Source: Chempricehub

Today, the acrylic acid price in East China stood at 8,400 yuan/ton, an increase of 250 yuan/ton from the previous working day. The raw material propylene prices continued to rise and remained firm at high levels, providing strong support for acrylic acid prices. Manufacturers and traders maintained firm offer prices. Market trading activity was relatively sluggish; downstream users mostly consumed contract inventories, with some transactions driven by essential restocking needs. Overall transaction volume was moderate, but actual deal prices trended upward.

3. Production Dynamics

Today’s acrylic acid capacity utilization rate was 69.25%, a decrease of 0.59% from the previous working day. The profit margin for acrylic acid in East China was -90.5 yuan/ton, an improvement of 147.05 yuan/ton compared to the previous day.

4. Price Forecast

The cost of propylene has limited room for further spikes and will remain at high levels. Most manufacturers and traders are maintaining stable offer prices. Market trading sentiment remains flat, with downstream users primarily consuming contract inventories and transactions largely driven by essential restocking. Actual negotiations are expected to fluctuate within a range. In summary, the short-term acrylic acid market is likely to trade sideways due to sustained high costs.

5. Related Products

Propylene: Today, the mainstream closing reference price for the propylene market in Shandong was 10,700–10,790 yuan/ton, with an average price of 10,745 yuan/ton, up by 195 yuan/ton from the previous working day. Producer inventories remained low, and market offers stayed firm. Downstream factories purchased according to demand, resulting in differentiated transaction patterns. However, premium bids in certain auctions pushed the center of gravity for actual deals higher.

Butyl Acrylate: As of press time, the negotiated price for butyl acrylate in East China was 9,850–9,950 yuan/ton, up by 150 yuan/ton from the previous working day. Butyl acrylate prices continued to rise today. Propylene prices remained firm at high levels, and n-butanol prices saw slight increases, putting significant pressure on butyl acrylate costs. Butyl acrylate manufacturers raised their offer prices. However, inquiries from downstream tape master roll and acrylic emulsion factories were limited, as they focused on consuming contracts and existing inventories. The market's trading center of gravity fluctuated upwards.

6. Data Calendar

Table 4: Domestic Acrylic Acid Data Overview

Data Source: Chempricehub
Notes:

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