I. Key Focus Points
On October 19, geopolitical tensions in the Middle East and the Russia-Ukraine conflict remained unstable. However, the U.S. exempted certain sanctions against Russia, leading to mixed movements in international crude oil prices. NYMEX WTI crude oil futures for November settled at $103.66/bbl, up $2.25/bbl (+2.22% WoW); ICE Brent crude oil futures for December closed at $109.55/bbl, down $0.31/bbl (-0.28% WoW). China INE crude oil futures contract SC2612 fell by 4.2 yuan to 718.8 yuan/bbl during the day session, then rose by 16.8 yuan to 735.6 yuan/bbl in the night session.
Yesterday, the domestic MMA (methyl methacrylate) market trended downward. Demand was weak, with holders lowering their offer prices. A "buy on rise, not on fall" sentiment spread among buyers, who primarily purchased based on immediate needs. The short-term outlook suggests no substantial improvement for the domestic MMA market.
Yesterday, the domestic butyl acrylate market continued to fluctuate and decline. Upstream propylene prices oscillated within a narrow range. Feedstocks n-butanol and acrylic acid declined due to weak demand, resulting in insufficient cost support for butyl acrylate. Holders adjusted offers according to market trends. Downstream users mainly consumed existing inventory and fulfilled contracted volumes, with limited active procurement. Consequently, the market transaction center shifted lower amid fluctuations. With weak cost support, the butyl acrylate market is expected to remain soft today. Future attention should be paid to supply conditions and the restart status of downstream plants.
II. Price Table
| Category | Region | 2026/10/16 | 2026/10/19 | Change (%) |
|---|---|---|---|---|
| Upstream | ||||
| Propylene | Shandong | 10,650–10,700 | 10,530–10,600 | ↓ 120 / ↓ 100 |
| East China | 10,250–10,650 | 10,350–10,650 | ↑ 100 / 0 | |
| N-Butanol | Shandong | 8,300–8,300 | 8,200–8,200 | ↓ 100 / ↓ 100 |
| East China | 8,450–8,450 | 8,300–8,350 | ↓ 150 / ↓ 100 | |
| 2-EH (Octanol) | Jiangsu | 9,600–9,700 | 9,700–9,800 | ↑ 100 / ↑ 100 |
| Acrylic Acids & Esters | ||||
| Acrylic Acid | East China | 8,200–8,300 | 8,150–8,250 | ↓ 50 / ↓ 50 |
| North China | 8,150–8,250 | 8,100–8,200 | ↓ 50 / ↓ 50 | |
| South China | 8,600–8,700 | 8,550–8,650 | ↓ 50 / ↓ 50 | |
| Refined Acrylic Acid | East China | 8,700–8,900 | 8,650–8,850 | ↓ 50 / ↓ 50 |
| Butyl Acrylate | East China | 9,800–9,900 | 9,700–9,800 | ↓ 100 / ↓ 100 |
| North China | 9,800–9,900 | 9,800–9,900 | 0 / 0 | |
| South China | 10,000–10,200 | 9,900–10,100 | ↓ 100 / ↓ 100 | |
| Ethyl Acrylate | Jiangsu | 10,900–11,000 | 10,900–11,000 | 0 / 0 |
| Methyl Acrylate | Jiangsu | 10,200–10,300 | 10,200–10,300 | 0 / 0 |
| 2-EHA (Isooctyl Acrylate) | Jiangsu | 10,800–11,000 | 10,800–11,000 | 0 / 0 |
| Downstream & Related Products | ||||
| MMA | Shandong | 12,800–12,900 | 12,600–12,600 | ↓ 200 / ↓ 300 |
| East China | 13,000–13,100 | 12,800–12,900 | ↓ 200 / ↓ 200 | |
| Vinyl Acetate | East China | 7,950–8,000 | 7,750–7,800 | ↓ 200 / ↓ 200 |
| South China | 8,000–8,100 | 7,700–7,800 | ↓ 300 / ↓ 300 | |
| Styrene | East China | 10,900–11,070 | 10,990–11,200 | ↑ 90 / ↑ 130 |
| Methacrylic Acid | East China | 15,200–15,200 | 15,100–15,200 | ↓ 100 / 0 |
| Acrylic Emulsion | Pure Acrylic | 7,700–8,500 | 7,700–8,500 | 0 / 0 |
| SBR/Acrylic Hybrid | 6,100–6,500 | 6,100–6,500 | 0 / 0 | |
| Adhesive Tape Master Roll | East China (50μ) | 11,200–11,400 | 11,200–11,400 | 0 / 0 |
Unit: CNY/ton
III. Market Outlook
Yesterday, feedstock prices for MMA and butyl acrylate declined, while styrene edged slightly higher, providing minor relief from cost pressures. Acrylic emulsion manufacturers maintained stable pricing to facilitate sales. Downstream users adopted a just-in-time purchasing strategy, keeping market negotiations steady. Today, feedstock markets may still see slight declines, offering marginal cost relief. Producers and traders of acrylic emulsions are likely to adopt flexible pricing strategies to move inventory. With end-users engaging in price negotiations, the acrylic emulsion market is expected to trade weakly but stably. Future focus should remain on developments in feedstock markets (butyl acrylate, MMA, styrene) and downstream demand.
| Category | Region | 2026/04/27 | 2026/04/28 | Change (%) |
|---|---|---|---|---|
| Upstream | ||||
| Propylene | Shandong | 8,980–9,100 | 9,150–9,300 | ↑ 170 / ↑ 200 |
| East China | 9,600–9,650 | 9,650–9,700 | ↑ 50 / ↑ 50 | |
| N-Butanol | Shandong | 7,600–7,600 | 7,400–7,500 | ↓ 200 / ↓ 100 |
| East China | 7,650–7,700 | 7,600–7,650 | ↓ 50 / ↓ 50 | |
| 2-EH (Octanol) | Jiangsu | 8,800–8,900 | 8,800–8,900 | 0 / 0 |
| Acrylic Acids & Esters | ||||
| Acrylic Acid | East China | 9,700–9,900 | 9,300–9,500 | ↓ 400 / ↓ 400 |
| North China | 9,700–9,800 | 9,400–9,600 | ↓ 300 / ↓ 200 | |
| South China | 9,700–9,900 | 9,500–9,700 | ↓ 200 / ↓ 200 | |
| Refined Acrylic Acid | East China | 10,300–10,600 | 10,100–10,400 | ↓ 200 / ↓ 200 |
| Butyl Acrylate | East China | 10,000–10,300 | 9,700–9,900 | ↓ 300 / ↓ 400 |
| North China | 10,000–10,300 | 9,700–9,900 | ↓ 300 / ↓ 400 | |
| South China | 10,000–10,200 | 9,700–9,900 | ↓ 300 / ↓ 300 | |
| Ethyl Acrylate | Jiangsu | 12,800–13,000 | 12,700–13,000 | ↓ 100 / 0 |
| Methyl Acrylate | Jiangsu | 13,000–13,600 | 12,800–13,400 | ↓ 200 / ↓ 200 |
| 2-EHA (Isooctyl Acrylate) | Jiangsu | 12,300–12,600 | 12,300–12,600 | 0 / 0 |
| Downstream & Related Products | ||||
| MMA | Shandong | 12,500–12,500 | 12,200–12,200 | ↓ 300 / ↓ 300 |
| East China | 12,500–12,700 | 12,300–12,500 | ↓ 200 / ↓ 200 | |
| Vinyl Acetate | East China | 10,900–10,900 | 10,200–10,200 | ↓ 700 / ↓ 700 |
| South China | 10,500–11,000 | 10,500–11,000 | 0 / 0 | |
| Styrene | East China | 10,120–10,180 | 10,040–10,170 | ↓ 80 / ↓ 10 |
| Methacrylic Acid | East China | 15,600–15,800 | 15,400–15,700 | ↓ 200 / ↓ 100 |
| Acrylic Emulsion | Pure Acrylic | 7,800–8,200 | 7,800–8,200 | 0 / 0 |
| SBR/Acrylic Hybrid | 6,600–7,400 | 6,500–7,300 | ↓ 100 / ↓ 100 | |
| Adhesive Tape Master Roll | East China (50μ) | 10,600–11,000 | 10,600–10,800 | 0 / ↓ 200 |
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