1. Today's Summary
① The price of acrylic acid in East China was 8,900 yuan/ton, unchanged from the previous working day.
② The average capacity utilization rate of the domestic acrylic acid industry today was 66.33%, an increase of 1.18% compared to the previous day.
2. Spot Market Overview
Table 1: Domestic Acrylic Acid Price Summary (Unit: Yuan/Ton)
| Market | Specification | Nov 2 | Nov 3 | Change | Remarks |
|---|---|---|---|---|---|
| North China | Standard Acid | 8700-8800 | 8700-8800 | 0 / 0 | Bank acceptance, delivered |
| East China | Standard Acid | 8800-9000 | 8800-9000 | 0 / 0 | Bank acceptance, delivered |
| South China | Standard Acid | 9200-9400 | 9200-9300 | 0 / +50 | Cash, delivered |
| Key Upstream | |||||
| Shandong | Propylene | 11750 | 11500 | -250 | Ex-works, self-pickup |
| East China | Propylene | 11675 | 11450 | -150 | Ex-works, self-pickup |
Data Source: Chempricehub Information
Today, the price of acrylic acid in East China stood at 8,900 yuan/ton, remaining stable compared to the previous working day. Raw material propylene prices continued to decline, weakening their supportive effect on acrylic acid prices. Factories and traders maintained firm offer prices today. Market sentiment was generally flat with moderate transactions. Downstream follow-up pace slowed down, and actual transaction centers shifted lower based on specific negotiations.
3. Production Dynamics
Today, the average capacity utilization rate of the acrylic acid industry was 65.15%, unchanged from the previous day. Profit margins for acrylic acid in East China were -389 yuan/ton, an increase of 335.5 yuan/ton compared to the previous day.
4. Price Forecast
International crude oil prices declined, and the cost of propylene continued to fall, leading to a slight loosening of cost-side support. Factories and inventory holders maintained firm offer prices. Market trading atmosphere was relatively quiet, with downstream transactions mainly consisting of small orders and overall activity remaining flat. It is expected that the acrylic acid market will operate within a weak range today.
5. Related Product Status
Propylene: The Shandong propylene market saw an expanded downward trend today. The mainstream closing reference price was 11,500–11,500 yuan/ton, with an average price of 11,500 yuan/ton, a decrease of 250 yuan/ton from the previous working day. Wide fluctuations in international oil prices weighed on market sentiment. Enterprises faced sustained shipping pressure, leading to wider discounts in offers. Downstream buyers entered the market selectively for rigid demand based on low prices, while market trading remained quiet and the center of gravity for actual transactions continued to shift downward.
Butyl Acrylate: The negotiated price for butyl acrylate in East China was 10,200–10,300 yuan/ton, unchanged from the previous working day. Today, the butyl acrylate market operated with high-level consolidation. Raw material propylene prices stabilized at high levels, while n-butanol and acrylic acid prices fluctuated within ranges. Cost-side support for butyl acrylate remained strong at high levels. Inventory holders maintained high-level oscillating offers. Downstream tape master roll manufacturers and acrylic emulsion factories followed up with purchases based on rigid demand, keeping the market transaction center consolidating at high levels.
6. Data Calendar
Table 4: Domestic Acrylic Acid Data Overview
| Data Indicator | Release Date | Previous Period Data | Current Period Trend Forecast |
|---|---|---|---|
| Acrylic Acid Industry Operating Rate | Thursday 17:00 PM | 1.80% | ↗ |
| Butyl Acrylate Industry Operating Rate | Thursday 17:00 PM | -0.09% | ↗ |
| Acrylic Emulsion Industry Operating Rate | Thursday 17:00 PM | -1.04% | ↗ |
| Tape Master Roll Industry Operating Rate | Thursday 17:00 PM | 0.84% | ↗ |
Data Source: Chempricehub Information
Remarks:
1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates narrow-range volatility, highlighting data dimensions with changes within 0-3%.
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