The acrylic acid market continued to weaken 

The acrylic acid market continued its downward trend. As of July 15th, the benchmark price of acrylic acid in SunSirs was 7,200.00 RMB/ton, a decrease of 1.01% compared to the beginning of this month (7,266.67 RMB/ton). The market was showing a situation of oversupply. With the continuous increase in supply, downstream factories were mainly digesting contract sources, and the overall wait-and-see sentiment was strong, leading to a continuous fluctuation and downward shift in the focus of market negotiations.

Differentiation of ester market performance

In terms of acrylic ester products, there was a clear differentiation in market performance. The average market price of methyl acrylate remained at 8,800-8,900 RMB/ton, a decrease of 100 RMB/ton from the previous working day; Ethyl acrylate remained stable, with a market average price of around 10,300-10,400 RMB/ton. In contrast, the market performance of butyl acrylate was relatively weak, with an average price drop of 25 RMB/ton to 7,650 RMB/ton. Holders of goods can adjust their quotes flexibly, but terminal procurement was cautious, and the actual transaction focus was relatively weak. The market for isooctyl acrylate remained stable, with an average price of 8,800-8,900 RMB/ton.

Lotion and MAA markets remained stable

Among other related products, the average market price of acrylic pure acrylic lotion was stable at 4,800~5,800 RMB/ton, and the market supply and demand were relatively balanced. The average market price of methyl acrylic acid was 10,600 RMB/ton, with prices fluctuating between 10,800-11,000 RMB/ton in mainstream regions. Due to insufficient follow-up of downstream terminal demand, the market trading atmosphere was slightly sluggish, and many holders adopted a quoting strategy that followed the market trend.

Market outlook

The acrylic acid market is expected to continue to operate weakly. Supplier quotations tend to be flexible, end users tend to seek low-priced sources, and market negotiations tend to focus on the low-end. The butyl acrylate market may maintain a consolidation trend, and downstream users are cautious in purchasing, mainly focusing on digesting contracts or existing inventory. The actual transaction price may remain stable. It is expected that the acrylic acid market in East China will continue to operate weakly in the short term, while the butyl acrylate market may maintain a consolidation pattern.

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.