Prompt

I. Key Focus Points

1. Nov 2: Multiple parties continue to push for US-Iran peace talks, easing market concerns over supply risks and causing international crude oil prices to drop. NYMEX WTI futures (December contract) fell by $7.66/bbl to $96.46, a week-on-week change of -7.36%; ICE Brent futures (January roll-over contract) dropped by $8.66/bbl to $104.77, a week-on-week change of -7.63%. China INE crude oil futures (contract 2612) rose by 17.6 yuan/barrel to 745.2 yuan/barrel during the day session, but fell by 64.2 yuan/barrel to 681 yuan/barrel in the night session.

2. Yesterday, the domestic MMA market remained in a wait-and-see mode. Prices for acetone and methanol rose, increasing cost pressure. Holders showed strong sentiment to maintain high prices, making low-priced supplies scarce, with transactions driven mainly by rigid demand. The short-term outlook for the domestic MMA market is narrow-range consolidation.

3. Yesterday, the domestic butyl acrylate market continued its firm upward trend. Propylene prices consolidated at high levels, while upstream raw materials n-butanol and acrylic acid maintained high-level fluctuations. Butyl acrylate faced significant cost pressure, leading holders to maintain firm high-level offers. Downstream users followed up with purchases based on rigid demand, pushing the market's transaction center higher. Today, the butyl acrylate market is expected to consolidate at high levels. Future attention should focus on changes in market supply and raw material prices.

II. Price List

Unit: CNY/ton

III. Market Outlook

Yesterday, raw materials butyl acrylate and styrene continued their upward trend, while the MMA market remained stable. Cost support persisted, prompting acrylic emulsion manufacturers to maintain firm offers despite pressure. Downstream users adopted a "buy-as-needed" strategy, leading to a slight increase in the market's transaction center. Today, raw material markets are expected to remain in high-level consolidation, with cost pressure unlikely to ease significantly in the short term. Acrylic emulsion manufacturers are cautious and mostly maintaining steady prices. End-users will continue to purchase based on demand, keeping the acrylic emulsion market stable. Future attention should be paid to developments in the raw materials butyl acrylate, MMA, and styrene, as well as downstream market dynamics.