1、 Market price trend
Affected by the supply and demand situation, the price of acrylic acid in the market continued to decline this week. The specific price data may vary by region and different specifications, but the overall trend is downward. As of April 16th, the benchmark price of acrylic acid in Shengyi Society was 7800.00 yuan/ton, a decrease of 0.4% compared to last week (7833.33 yuan/ton).
2、 Supply situation
The load of the acrylic acid production plant has remained stable recently, which means that the supply in the market has not decreased due to production issues. However, this may also lead to the gradual accumulation of finished product inventory in the market.
Although the production equipment load is stable, the finished product inventory in the acrylic acid market is being digested. This may be due to a rebound in downstream demand or corresponding inventory management measures taken by manufacturers. However, the speed of inventory digestion may still be insufficient to prevent a decline in market prices.
The continuous low price of propylene has weakened cost support, and the room for enterprises to lower prices has expanded. As of April 16th, the benchmark price of propylene in Shengyi Society was 6723.25 yuan/ton, a decrease of -0.33% compared to the beginning of this month (6745.75 yuan/ton).
3、 Weak demand side:
Downstream industries are weakening: The demand for end use applications (such as coatings, adhesives, textiles, etc.) is sluggish, especially in industries such as construction and automobiles, which have experienced a decline in business prosperity, leading to a low willingness to purchase.
Export restrictions: Shrinking demand in overseas markets or trade barriers (such as anti-dumping) may suppress exports and exacerbate domestic oversupply.
4、 Future forecast
It is expected that the domestic acrylic acid market will maintain a weak consolidation trend in the short term. This is mainly due to weak downstream demand and relatively stable supply in the market. Therefore, until there are obvious favorable factors, it may be difficult for the price of acrylic acid in the market to rebound significantly. However, it should also be noted that the market is always full of variables, and any policy adjustments, industry dynamics, or macroeconomic changes may have an impact on market prices.
In summary, the acrylic acid market continued its downward trend this week, mainly due to the results of the supply-demand game. In a situation where supply is relatively stable but demand is weak, it is difficult for market prices to rebound significantly. Therefore, cargo holders and downstream users need to closely monitor market dynamics and industry changes in order to develop reasonable procurement and sales strategies.

1、 Price trend
According to the monitoring of the commodity market analysis system of Shengyi Society, the market price of isopropanol first fell and then rose this week, and overall the price has fallen. At the beginning of the week, the average price of isopropanol in China was 6666.67 yuan/ton, and the average price over the weekend was 6558.33 yuan/ton, with a price reduction of 1.63%.
This week, the market price of isopropanol first fell and then rose, indicating an overall decline in prices. The price of raw material acetone first fell and then rose, and the isopropanol market adjusted accordingly. With the rebound of the acetone market and favorable cost conditions, the confidence in the isopropanol market has improved, and the intention to offer discounts has weakened. But downstream customers are cautious in their purchases, and actual transactions are limited. As of now, most of the isopropanol market prices in Shandong are around 6400-6550 yuan/ton; The majority of prices in the isopropanol market in Jiangsu region are around 6600-6700 yuan/ton.
In terms of raw material acetone, the domestic acetone market price first fell and then rose this week. At the beginning of the week, the average price of acetone in China was 6087.5 yuan/ton, and the average price over the weekend was 5950 yuan/ton, with a price reduction of 2.26%. At present, the trading atmosphere of acetone in the market is improving, and the market focus is increasing.
In terms of propylene, the domestic propylene market is on the rise. At the beginning of the week, the market was at 6723.25 yuan/ton, and the average price over the weekend was 6785.75 yuan/ton, with a price increase of 0.93%. At present, manufacturers are mainly pushing up prices, and the market mentality is good.
3、 Future forecast
The isopropanol analyst from Business Society Chemical Branch believes that the rebound in acetone market prices and the rise in propylene prices provide strong cost support and significant support for the trend of isopropanol. It is expected that the isopropanol market will strengthen and consolidate in the short term, and more attention will be paid to changes in the raw material market.

According to the Commodity Market Analysis System of Shengyi Society, the domestic PTA spot market showed a weak trend this week. As of April 11th, the average market price in East China was 4338 yuan/ton, a decrease of 8.14% from the beginning of the week.
The escalation of trade frictions has led to a significant drop in crude oil prices, but with Trump temporarily suspending tariffs on some countries, market panic has eased and crude oil prices have rebounded from oversold levels. As of April 10th, the settlement price of the main contract for WTI crude oil futures in the United States was $60.07 per barrel, and the settlement price of the main contract for Brent crude oil futures was $63.33 per barrel. The market sentiment is cautious, and oil prices may fluctuate significantly in the short term. The domestic load of PX has dropped to around 74%, and multiple units are undergoing load reduction or maintenance. The basic structure of domestic PX supply and demand is still acceptable, but the escalation of US tariff policies may trigger concerns about a global economic slowdown, and the cost side will be affected to some extent.
In terms of self supply, there are still too many follow-up maintenance plans. Some domestic facilities have maintenance plans from April to June, which has reduced the pressure on supply.
Downstream polyester maintains a high load of nearly 90%, but the tariff dispute continues to ferment, making it difficult to find sustained positive support. Under the collapse of costs, transactions have been sluggish, and the enthusiasm for stocking up raw materials is not high. Many of them are purchased and used as needed. Especially in terms of foreign trade orders, inquiries have basically stagnated, and the market is in a wait-and-see state in many places. Actual orders are issued sporadically, and there is no significant short-term positive boost for domestic and foreign trade.
Business analysts believe that there is an expectation of reduced PTA supply and high downstream polyester load. Tariff disturbances still exist, terminal inventory digestion and export resistance intensify, and demand remains weak in the future. It is expected that PTA prices will remain weak.

The phthalic anhydride market fluctuated and fell in April
According to the Commodity Market Analysis System of Shengyi Society, as of April 9th, the price of phthalic anhydride in neighboring countries was 7383.33 yuan/ton, a fluctuating decrease of 0.67% compared to the price of 7433.33 yuan/ton on April 1st. The equipment operating load of phthalic anhydride manufacturers remains low and stable, coupled with weak downstream demand, the support for phthalic anhydride price increases has weakened, and phthalic anhydride prices have fluctuated and fallen. At the end of March, phthalic anhydride manufacturers underwent maintenance, resulting in a decrease in phthalic anhydride supply. In April, phthalic anhydride production slowly resumed, and phthalic anhydride supply resumed. In April, phthalic anhydride prices fluctuated and fell.
Supply side: resumption of work and increased supply
After the Qingming Festival holiday, with the gradual restoration of pre maintenance equipment, the capacity utilization rate of the domestic phthalic anhydride industry has improved, and the capacity utilization rate of the naphthalene phthalic anhydride industry has increased to about 60% after the holiday; The utilization rate of production capacity in the domestic phthalic anhydride industry may show low fluctuations, with little overall change. The overall supply of phthalic anhydride in the market has increased.
Demand side: DOP market is fluctuating and falling
According to the Commodity Market Analysis System of Shengyi Society, as of April 9th, the DOP price was 8192.50 yuan/ton, a fluctuating decrease of 1.16% from the April 1st DOP price of 8288.75 yuan/ton. The buying atmosphere in the plasticizer market has sharply declined, and the inventory of plasticizers has increased. With difficulties in inventory management and declining profits, DOP plants have started to reduce production, resulting in a decrease in demand for phthalic anhydride and increased pressure on phthalic anhydride prices.
Future forecast
According to the data analyst of Shengyi Society’s phthalic anhydride products, in terms of supply, phthalic anhydride manufacturers are slowly resuming production, and the supply of phthalic anhydride is increasing; In terms of demand, the expected operating load of DOP manufacturers has decreased, and the demand for phthalic anhydride has weakened, increasing the downward pressure on phthalic anhydride. In the future, as supply increases and demand weakens, it is expected that the price of phthalic anhydride will fluctuate and fall.

The market price of acrylic acid has fluctuated within a small range recently, showing a slight upward trend. This may be due to the intensification of the game between supply and demand, the slowdown of downstream procurement pace, and the contraction of market trading volume. As of April 9th, the benchmark price of acrylic acid in Shengyi Society was 7833.33 yuan/ton, an increase of 3.52% compared to the beginning of this month (7566.67 yuan/ton).
Weak supply-demand balance:
Supply side: The operating rate of domestic acrylic acid factories remains stable, and some enterprises adjust their loads due to cost pressures, but there is no significant oversupply overall.
Demand side: Downstream industries such as coatings, adhesives, and water treatment have weak demand, dragged down by slow macroeconomic recovery and weak demand in some end industries (such as real estate and infrastructure). Enterprises mainly purchase on demand, lacking the motivation to stockpile goods.
Price trend of propylene: As the core raw material of acrylic acid, propylene prices have been fluctuating downward recently. As of April 9th, the benchmark price of propylene in Shengyi Society was 6723.25 yuan/ton, a decrease of -0.33% compared to the beginning of this month (6745.75 yuan/ton).
The impact on acrylic acid: The cost of propylene accounts for 60% -70% of the total cost of acrylic acid, and the decline in propylene prices directly weakens the cost support of acrylic acid, theoretically opening up downward space for acrylic acid prices. However, currently the acrylic acid market is experiencing a weak balance between supply and demand, and prices have not kept pace with the decline, resulting in a slight recovery in corporate profit margins.
In summary, the current acrylic acid market is in a bi-directional squeezing stage of “cost weakening+flat demand”, with short-term or sustained price fluctuations. It is necessary to closely monitor the trend of raw material propylene and the marginal changes in downstream demand to prevent periodic market fluctuations caused by supply-demand imbalance.