Upstream-downstream bargaining, butyl acrylate continues its upward trend

1. Today's Summary

1. The market center for butyl acrylate in East China continued to rise today, with the regional price reaching CNY 9,750/ton.
2. The capacity utilization rate for butyl acrylate stood at 55.56%, remaining flat compared to the previous day.

Table 1: Domestic Butyl Acrylate Price Summary (Unit: CNY/ton)

Data Source: Chempricehub Information

Taking the East China market as the benchmark, the closing price of butyl acrylate today was CNY 9,750/ton, an increase of CNY 50/ton from the previous business day. The upstream raw material n-butanol remained stable within its range, while propylene prices fluctuated upward. Consequently, cost pressures on butyl acrylate remained high. Holders quoted prices according to market trends, gradually raising offers. However, downstream industries focused primarily on digesting existing inventories after prior replenishment, resulting in moderate trading sentiment overall. Thus, the market price center experienced a fluctuating upward trend.

3. Production Dynamics

Today, the domestic capacity utilization rate for butyl acrylate was 55.56%, unchanged from the previous day.

4. Price Forecast

Raw materials n-butanol and acrylic acid remain firm, maintaining significant pressure on costs. There is an expectation that plants may reduce operating loads. Downstream demand continues to follow essential needs. Therefore, the domestic butyl acrylate market is expected to maintain a fluctuating upward trend tomorrow.

5. Related Products Status

• n-Butanol Market: The Jiangsu n-butanol market reference price for ex-warehouse delivery was CNY 8,450–8,450/ton. Market prices remained flat with strong wait-and-see sentiment. Although rising propylene prices provided solid cost support, downstream willingness to purchase was low, leading to subdued inquiries and transactions.
• Acrylic Acid Market: Negotiated prices for acrylic acid in East China ranged from CNY 8,300–8,500/ton, an increase of CNY 100/ton from the previous business day. With propylene prices consolidating at high levels, the domestic acrylic acid market adjusted slightly upward. On the demand side, procurement pace slowed, transactions were average, dominated by small orders. Room for negotiation on actual deals exists, though the transaction price center shifted upward.
• Ethyl Acrylate Market: Negotiated prices for ethyl acrylate in East China were CNY 10,600–10,700/ton, a decrease of CNY 50/ton from the previous business day. The market showed narrow, weak consolidation. Ethanol prices stabilized, limiting cost fluctuations. Producers and holders offered flexible pricing, with some cautiously offering discounts to move inventory. However, active downstream purchasing was limited, resulting in weak trading sentiment and a softening transaction center.
• Methyl Acrylate Market: Quoted prices for methyl acrylate in East China were around CNY 10,000–10,200/ton. The market exhibited range-bound consolidation. Methanol prices retreated slightly, while acrylic acid prices remained stable, keeping cost factors largely steady. Producers and holders quoted based on market conditions. Overall downstream purchasing was limited, with some holders cautiously offering discounts. Trading was driven mainly by essential demand, resulting in weak stability in the transaction center.

Table 2: Domestic Butyl Acrylate Data Overview (Unit: 10,000 tons)

Data Source: Chempricehub Information
Notes:
1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates narrow-range volatility, highlighting data dimensions with changes within 0–3%.