During this period (5.27-6.3), some domestic acrylic ester products were significantly affected by domestic equipment maintenance and a significant increase in overseas exports, resulting in a tight market supply and an overall improvement in quantity and price. The overall market atmosphere is warm, with factories mainly delivering contracts and holders under less pressure to ship. The quotation is steadily running.

As of June 3rd, the benchmark price of butyl acrylate in Shengyishe was 9390.00 yuan/ton, an increase of 0.21% compared to last week (9370.00 yuan/ton).

As of June 3rd, the benchmark price of ethyl acrylate for Shengyishe was 9367.50 yuan/ton, unchanged from last week.

As of June 3rd, the benchmark price of isooctyl acrylate for Shengyishe is 12800.00 yuan/ton, which is the same as last week

From the perspective of other products in the industrial chain, the fluctuation range of acrylic acid prices is limited, mainly because, on the one hand, the price of raw material propylene has rebounded, with an average propylene market price of 6854.60 yuan/ton, which is unchanged from the beginning of this month; The average market price of ethanol is 5987.50 yuan/ton, which is unchanged from the beginning of this month; The average market price of n-butanol is 8366.67 yuan/ton, which is unchanged from the beginning of this month; The average monthly price of isooctanol in the market is 9900.00 yuan/ton, which is unchanged from the beginning of this month.

The downstream water reducing agent market for acrylic acid is maintaining stable operation, with some monomer production enterprises offering narrow fluctuations in prices. Downstream demand side is not highly sensitive to price, and cautious observation is mainly focused on receiving first-time demand. Early inventory digestion is slow, and it is expected that the monomer market will continue to maintain stable operation in the short term.

market analysis

Acrylic acid and esters are mainly matched with acrylic acid, and the supply and demand pattern is similar to that of acrylic acid. The CR5 of butyl acrylate in China is 60%, and the top five enterprises are all equipped with acrylic acid production capacity, with a high degree of integration. The most widely used acrylic ester monomer currently is butyl acrylate, which accounts for about 80% of the acrylic ester production capacity.

Acrylate downstream industry chain

Overall, the current acrylic ester market is mainly affected by raw materials and downstream demand. Analysts from Business Society predict that the acrylic acid and ester market will continue to be dominated by supply and demand in the short term, and the price fluctuation space may be limited.