Market Snapshot (Previous Trading Day):
Butyl acrylate prices assessed softer in the previous session. While major sellers largely maintained or slightly lowered their list prices, some showed increased flexibility in negotiations. Market impact varied by region due to sample weighting. Lower-end prices were primarily for contract customers. Major seller offerings were between RMB 6,600-6,800/tonne, with trading activity thinnin
g. The previous day’s closing assessments are as follows:
North China: RMB 6,650-6,800/tonne, weighted average RMB 6,700/tonne, down RMB 30.
East China: RMB 6,600-6,800/tonne, weighted average RMB 6,700/tonne, down RMB 30.
South China: RMB 6,600-6,700/tonne, weighted average RMB 6,610/tonne, holding stable.
Key Market Drivers:
Cost: Feedstock propylene prices held steady, while acrylic acid prices remained weak. N-butanol prices were also stable. The support from last week’s cumulative gains in raw material costs is persisting but fading.
Supply: Industry operating rates are expected to edge up slightly this week. Production is gradually recovering from plants that were shut down in late last month, with output increasing in the Shanghai and Nanjing regions.
Demand: Downstream operating rates may decline, primarily due to limited consumption from the emulsion sector. Orders from the tape industry are reported to have improved somewhat. With butyl acrylate prices currently at their lowest level this year, some buyers have shown increased interest and inquiries. However, the priority remains on digesting contracted volumes.
Market Outlook:
Production plant operating rates are anticipated to rise slowly this week, with market attention focused on the sales strategies of major producers. On the demand side, emulsion consumption is below expectations, while tape order books show some improvement. Overall, downstream consumption remains centered on contracted volumes, and some inventory build-up is reported. The supportive effect from raw material costs is gradually weakening. While major industry players are aiming to hold prices steady, the possibility of discounting to stimulate sales cannot be ruled out.
Post time: Dec-16-2025