Asian Glacial Acrylic Acid: Prices rise on elevated propylene costs / Producers cut rates amid margin squeeze / Downstream buyers wait as inventory clears

Nov 05, 2026

GAA ex-works North and East China up 150 yuan/metric ton day over day at 9,050 yuan/mt Nov. 3, reflecting elevated East China propylene feedstock costs and below selling indications heard at 9,300-9,500 yuan/mt. Upstream, East China domestic propylene prices closed at 11,550 yuan/mt, down 250 yuan/mt day over day but up 550 yuan/ mt week over week. Cost pressures just keep increasing, a producer based in Northeast Asia said, adding that elevated feedstock costs are pushing down GAA margins to nearly breakeven levels. GAA producers who procure propylene on the spot market would be facing extreme pressure, he said, adding, "Term contract negotiations will be tested with such high feedstock prices." Downstream SAP demand was heard stable week over week, according to the same source. High propylene feedstock pressures had...

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