Entering December, the domestic acrylic acid and ester market continued to move upward after a brief adjustment. Among them, butyl acrylate and isooctyl acrylate prices increased significantly, mainly due to the upstream raw material butanol prices rose more than expected, butyl acrylate and isooctyl acrylate manufacturers increased costs, the market was significantly boosted, the market low-cost shipments improved, the offer increased. As of Wednesday, East China butyl acrylate market price reference 9400-9500 yuan/ton acceptance delivery, up 500 yuan/ton from the end of last month. The price of isoctyl acrylate refers to 13300-13500 yuan/ton, up to 1000 yuan/ton from the end of last month.

From the perspective of other products in the industry chain, the price fluctuation of acrylic acid is limited, mainly because, on the one hand, the raw material propylene market with the easing of supply tension, superimposed the impact of crude oil decline, the market price has fallen recently. In addition, acrylic downstream water reducer, sap and other industries demand performance is weak, the formation of a drag on the market. At present, the price of acrylic acid market in the north is relatively stable, and the offers of some main manufacturers in the East and South China markets have increased slightly, but the market transactions are still slow to follow up.

In addition, the market trend of methyl acrylate and ethyl acrylate is also stable, because the overall volume of the market is not large, and the traditional off-season downstream demand is relatively limited, the market fluctuation is relatively flat, but by the impact of related butyl acrylate and other products, the recent market prices are also strong.

From the current industry chain profit point of view, acrylic acid and butyl acrylate continued losses, although butyl acrylate prices rose this week, but due to the large increase in raw materials, butyl acrylate losses increased from the end of last month, the factory price sentiment is still there. Therefore, although the market price is slow, but the market supply is not much, and there is the support of cost factors, the short-term butyl acrylate market or still strong operation.

Overall, the current acrylic and ester market rise is mainly affected by the rise in raw materials, and the traditional off-season terminal demand is still difficult to boost the market, with the end of the downstream stage of replenishment, market participants are still worried about the future market. It is expected that the acrylic acid and ester market will continue to passively follow the fluctuations of raw materials in the near future.