I. Key Points

1. The East China propylene market rose compared to the previous trading day. As of the closing price, the mainstream price in the East China market was 10,550 RMB/ton (ex-tank); the mainstream price in Ningbo was 10,650 RMB/ton (ex-tank); and the delivered price reference for Southern Jiangsu was around 10,700–10,700 RMB/ton. Currently, market supply is tight, corporate offers continue to rise, downstream buyers are purchasing based on demand, and actual transaction prices are trending upward.

2. The Jiangsu n-butanol market reference price is 8,500–8,600 RMB/ton (ex-warehouse). Market prices remain consolidated at high levels. Raw material propylene prices continue to climb, providing strong cost support. Downstream buyers are making essential purchases, but wait-and-see sentiment has increased. Market supply is limited, and transaction focus remains at the lower end of the price range.

II. Price Table

Unit: RMB/ton

Yesterday, the domestic butyl acrylate market continued its trend of volatile upward movement. Upstream propylene remained firm at high levels, while raw materials n-butanol and acrylic acid continued to rise, increasing cost-side support for butyl acrylate. Producers actively supported the market with gradually rising offers, and holders reduced low-price quotations. Downstream buyers followed suit with demand-based purchases, primarily consuming existing inventory. Overall, the price center continued to move upward amid volatility. It is expected that the butyl acrylate market will remain firm at high levels today. Future attention should be focused on market supply conditions and the restart status of downstream units.

III. Data Table