The cost side has seen a narrow-range pullback, while acrylic acid is trading in a range-bound consolidation.

1. Daily Summary

① Acrylic acid prices in East China stood at 8,400 RMB/ton, unchanged from the previous business day.

② The average capacity utilization rate of the domestic acrylic acid industry was 69.25%, unchanged from the previous business day.

2. Spot Market Overview

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

Source: Chempricehub

Today, acrylic acid prices in East China remained flat at 8,400 RMB/ton compared to the previous business day. Although propylene feedstock prices pulled back from their recent highs, the decline was limited, maintaining support for acrylic acid prices. Producers and traders maintained firm offer levels. Bearish sentiment prevailed in the market; downstream buyers primarily consumed existing contract inventory, with transactions mainly driven by urgent restocking needs. Trading activity was generally moderate.

3. Production Dynamics

Today's acrylic acid capacity utilization rate was 69.25%, unchanged from the previous business day. Profit margins for acrylic acid producers in East China ranged from -90.5 to 72.75 RMB/ton, an increase of 17.15 RMB/ton compared to the previous day.

4. Price Forecast

Propylene costs narrowed slightly but remain at high levels. Producers and holders are pricing based on market conditions. Bearish sentiment is strong, with participants adopting a wait-and-see approach and pressing for lower prices. Downstream demand remains weak, with transactions dominated by small orders for immediate needs. Overall, the acrylic acid market may trend downward tomorrow due to cost adjustments.

5. Related Products

Propylene: Today, transaction centers in the Shandong propylene market shifted downward. Mainstream closing references were 10,700-10,700 RMB/ton, with an average price of 10,700 RMB/ton, down 45 RMB/ton from the previous business day. Although international crude oil prices showed an upward trend, persistent cost pressures on downstream sectors have led to cautious procurement attitudes, suppressing overall trading activity. Most enterprises maintained controllable inventory levels, keeping offers stable, while some high-priced offers were marginally adjusted downward, dragging real transaction centers lower.

Butyl Acrylate: Today, negotiated prices for butyl acrylate in East China ranged from 9,850 to 10,000 RMB/ton, up 25 RMB/ton from the previous business day. Butyl acrylate prices fluctuated upward. Propylene prices remained firm at high levels, and n-butanol costs continued to rise, placing significant pressure on production costs. Producers maintained high offer levels. However, active inquiries from downstream tape master roll and acrylic emulsion manufacturers were limited, as they focused on consuming contract inventories and existing stocks. The market trading center oscillated upwards.

6. Data Calendar

Table 4: Domestic Acrylic Acid Data Overview

Source: Chempricehub

Notes:

1. ↓↑ indicates significant fluctuations, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates narrow-range fluctuations, highlighting data dimensions with changes within 0-3%.