International oil prices are affected by the supply side of the price is strong, most of the domestic organic chemicals sector is strong, Longzhong monitoring of organic chemicals index in July, although only 0.34% higher than the June value, but higher than the beginning of the value of 1.26%, the end of the value is 114.23, the amplitude of 3% within the month. Recent economic meetings have released positive signals, and the market is expected to improve the economy in the second half of the year. And some acrylic and ester market participants also said that their own market or by this positive factor boosted, the price performance in the short term or to maintain a stable and strong operation.

Longzhong monitoring data show that the current acrylic acid and ester prices are still at a historical low level, although the supply side changes caused by some of its cost support factors are strong, but the downstream demand is difficult to follow up, and the real negotiation atmosphere in the local market has gradually weakened after the end of the stage replenishment. As of July 28, the price of acrylic acid was 9.29% higher than the beginning of the month to 5800 yuan/ton, and the price of isooctanyl acrylate was 1.92% higher than the beginning of the month to 10,700 yuan/ton near the level.

As of July 28, the annual average of acrylic acid in 2023 was 6454.75 yuan/ton, 37.22% lower than the value in 2022, 28.20% lower than the average value in 2018-2022, and the high and low amplitude in the year was 2.08%. Although some manufacturers in the factory raised the factory quotation, the rising price of goods stimulated traders to follow up. However, high prices are blocked, and downstream manufacturers just need to purchase mainly resulting in limited acrylic market performance. In the same period, the annual average of butyl acrylate was 9104.4 yuan/ton, 22.99% lower than the value in 2022, and 18.01% lower than the average annual price in the past five years. Because the market is still in the off-season demand, although butyl acrylate in the policy of good news and cost, the market mentality is slightly improved, some demand marginal improvement, but the real estate policy can effectively boost the subsequent demand remains to be seen, and from the current market fundamentals, with the implementation of some enterprises to restart production plan, the supply side of the easing situation continues. Both sides of the deal continue to monitor changes in end-demand and export data.