Chemicals Updates

Asian Glacial Acrylic Acid: Prices down on weak cost support, poor summer demand / Seasonal demand lull persists / Shandong propylene prices down Yuan 570/mt since June 23

Jul 24, 2025

GAA ex-works North and East China down Yuan 50/mt day over day and Yuan 300/mt lower week over week at Yuan 7,100/mt on July 22. The assessed price was within a domestic east China tradable indication heard at Yuan 7,050-7,150/mt amid lackluster demand and tepid cost support. The market saw GAA prices still grappling with weak upstream cost support and poor downstream demand over the week ended July 22. Commenting on the demand side, a Northeast Asian producer said some downstream buyers are focusing on utilizing their inventory, while those who have immediate replenishment needs are buying on price dips. "GAA prices have been falling as it appears to be more advantageous to sell acrylic acid and the market is leaning toward that," the producer added. A China-based producer noted...

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