Supply-demand tug-of-war keeps the acrylic acid market trading at depressed levels.

1. Today's Summary

① Acrylic acid prices in East China stood at 8,000 RMB/ton, down 150 RMB/ton from the previous working day.
② The average capacity utilization rate for the domestic acrylic acid industry was 73.2%, remaining unchanged from the previous working day.

2. Spot Market Overview

Table 1: Domestic Acrylic Acid Price Summary (Unit: RMB/ton)

Data Source: Chempricehub Information

Today, the price of acrylic acid in East China was 8,000 RMB/ton, a decrease of 150 RMB/ton compared to the previous working day. The market trended lower with limited movement. Raw material costs remained range-bound, with significant cost pressure but minor fluctuations. Trading activity within the market remained subdued; factory offers softened, and traders' willingness to sell increased, leading to flexible pricing based on market conditions. On the demand side, downstream enterprises primarily engaged in low-price inquiries and small-volume purchases based on rigid demand, slowing down their procurement pace. Consequently, the weighted average transaction price fluctuated downward.

3. Production Dynamics

Today, the capacity utilization rate for acrylic acid was 73.2%, unchanged from the previous working day. Profit margins for acrylic acid in East China were 77.5 RMB/ton, a decrease of 150 RMB/ton from the previous day.

4. Price Forecast

The acrylic acid market is expected to continue its slight downward trend tomorrow. Cost pressures persist, strengthening the willingness of factories and traders to sell, resulting in flexible adjustments to offers based on market conditions. Downstream enterprises are primarily focused on digesting contract inventory, showing low enthusiasm for new purchases. Some small-volume replenishments are occurring due to rigid demand, keeping trading activity subdued. Actual transactions are expected to decline slightly through negotiation. Overall, influenced by the supply-demand balance, the acrylic acid market is likely to oscillate weakly in the short term.

5. Related Products Status

Propylene: Today, the transaction center of gravity in the Shandong propylene market shifted downward. The mainstream closing reference price was 9,550–9,600 RMB/ton, with an average price of 9,575 RMB/ton, down 60 RMB/ton from the previous working day. Lacking market guidance, participants adopted a wait-and-see attitude. Enterprise offers remained mostly stable, with some prices adjusting narrowly downward. Downstream buyers entered the market selectively for rigid demand based on low prices, leading to divergent actual trading activity and dragging the overall price center downward.

Butyl Acrylate: The negotiated price for butyl acrylate in East China ranged from 9,750 to 9,850 RMB/ton, down 100 RMB/ton from the previous working day. Butyl acrylate prices fluctuated downward today. N-butanol, a key raw material, continued to weaken, maintaining cost pressure on butyl acrylate. Some holders adjusted offers flexibly to facilitate sales. Downstream tape master roll manufacturers and acrylic emulsion plants remained cautious and observant, limiting their purchases. Most transactions involved real orders with negotiated prices, causing the market's transaction center to drift downward amidst fluctuations.

6. Data Calendar

Table 4: Domestic Acrylic Acid Data Overview

Data Source: Chempricehub Information
Remarks:

1. ↓↑ indicates significant volatility, highlighting data dimensions where changes exceed 3%.
2. ↗↘ indicates narrow-range volatility, highlighting data dimensions where changes are within 0–3%.