Acrylic Acid/Acrylate Esters

Acrylic Acid/Acrylate Esters

NOTE: Acrylic Acid and Acrylate Esters in Europe are covered under separate entries. These products are combined in the regional reports published in Asia and the United States. Please see separate entries for information on the European market.

Please see separate acrylic acid and acrylate esters entries for product descriptions.

ICIS pricing quotes acrylic acid/acrylate esters in Europe, Asia-Pacific, China and the USA.

Frequency: 

Published weekly on Wednesdays

Acrylic Acid (Asia-Pacific)

Weekly price assessments

Glacial AA spot

• CIF CHINA MAIN PORT Drummed (USD/MT & conversion to US CTS/LB)
• DEL CHINA Drummed (CNY/MT & conversion to US CTS/LB)

• CIF S.E. Asia Drummed (USD/MT & conversion to US CTS/LB)

Acrylate Esters (Asia-Pacific)

Weekly price assessments

CIF S.E. Asia Iso-container spot

• BUTYL-A (USD/MT & conversion to US CTS/LB)
• ETHYL-A (USD/MT & conversion to US CTS/LB)
• METHYL-A (USD/MT & conversion to US CTS/LB)
• 2 EH-A (USD/MT & conversion to US CTS/LB)

CIF China Main Port Bulk

• BUTYL-A   (USD/MT & conversion to US CTS/LB)
• ETHYL-A   (USD/MT & conversion to US CTS/LB)
• METHYL-A (USD/MT & conversion to US CTS/LB)
• 2 EH-A  (USD/MT & conversion to US CTS/LB)

DEL China Bulk

• BUTYL-A   (CNY/MT & conversion to US CTS/LB)

• ETHYL-A   (CNY/MT & conversion to US CTS/LB)
• METHYL-A (CNY/MT & conversion to US CTS/LB)
• 2 EH-A (CNY/MT& conversion to US CTS/LB)

Acrylic Acid (USA)

Weekly price assessments

Quarterly Domestic Contract Prices

• FD GLACIAL   quarterly (US CTS/LB & conversion to USD/MT)

Monthly Domestic Contract Prices

• FD GLACIAL   monthly (US CTS/LB & conversion to USD/MT)

Export Prices

·      FOB USG GLACIAL (US CTS/LB & conversion to USD/MT)

Acrylate Esters (USA)

Weekly price assessments

Quarterly Domestic Contract Prices

·      FD BUTYL-A (US CTS/LB & conversion to USD/MT)

·      FD ETHYL-A (US CTS/LB & conversion to USD/MT)

·      FD METHYL-A (US CTS/LB & conversion to USD/MT)

·      FD 2EH-A (US CTS/LB & conversion to USD/MT)

Monthly Domestic Contract Prices

·      FD BUTYL-A (US CTS/LB & conversion to USD/MT)

·      FD ETHYL-A (US CTS/LB & conversion to USD/MT)

·      FD METHYL-A (US CTS/LB & conversion to USD/MT)

·      FD 2EH-A (US CTS/LB & conversion to USD/MT)

Export Prices

·      FOB USG BUTYL-A (US CTS/LB & conversion to USD/MT)

·      FOB USG 2 EH-A (US CTS/LB & conversion to USD/MT)

Acrylic Acid (China)

Weekly price assessments

Glacial Acrylic Acid spot

• CIF CHINA MAIN PORT DRUMMED (USD/MT)
• DEL CHINA BULK (East China)  (CNY/MT)
• DEL CHINA DRUMMED (South China)  (CNY/MT)

Acrylate Esters (China)

Weekly price assessments

ACRYLATE ESTERS spot

CIF China Main Port Bulk

• BUTYL-A   (USD/MT)
• ETHYL-A   (USD/MT)
• METHYL-A (USD/MT)
• 2-EHA  (USD/MT)

DEL East China Bulk

• BUTYL-A   (CNY/MT)

• ETHYL-A   (CNY/MT)
• METHYL-A (CNY/MT)
• 2-EHA (CNY/MT)

DEL South China Bulk/Drummed

• BUTYL-A  Bulk (CNY/MT)

• ETHYL-A  Drummed (CNY/MT)
• METHYL-A Drummed (CNY/MT)
• 2-EHA  Bulk (CNY/MT)

General Information

Assessment window:  Assessments are based on information supplied by market participants for the week up to 1700 hours in Singapore and Houston (US central time) on Wednesdays.

In the China report, assessments are based on information supplied by market participants for the week up to 1700 hours in Shanghai on Wednesdays.

Specification: The quotes are for product 99.7 percent purity, with a maximum water content of 0.07 percent, a molecular weight product of 72.06, with a flash point at 51ºC and boiling point of 141ºC.

Timing: ICIS pricing assessments in Asia are based on imported USD cargoes delivered within four weeks from when the deal is concluded with letters of credit valid for up to 90 days, while Chinese domestic cargoes transacted in yuan (CNY) include cargoes delivered within seven days. In the US, assessments are based on truck loads delivered within four weeks from when the deal was concluded, with letters of credit valid for up to 90 days.

Terms: In the US, letters of credit are valid for up to 90 days. In Asia-Pacific standard credit terms are for 30-90 days. In China, payment terms for imported USD cargoes include letters of credit valid for up to 90 days. In both East and South China, credit terms are within two months.

Standard cargo size: In Asia, drum size is equivalent to 14.4 tonnes, iso-tank is around 20-40 tonnes, and bulk is above 500 tonnes. In the US this is based on a standard truckload size, to customers taking three to six million pounds per year.

In East China assessments, BA bulk cargoes are around 20-200 tonnes while MA/EA/2-EHA bulk cargoes are 20-50 tonnes. In south China assessments, BA bulk cargoes are around 20-200 tonnes, drummed EA and MA cargoes are 10-50 tonnes and bulk 2-EHA cargoes are around 5-30 tonnes.

In East China assessments, GAA bulk cargoes are around 20-100 tonnes while in south China assessments GAA drummed cargoes are around 5-30 tonnes.

Assessment basis: US contract prices are based on quarterly settlements and monthly settlements. For FOB export quotes, the majority of off-shore business is conducted with Latin America.

Spot prices in Asia can change weekly depending on trades done.

Following the price ranges, each report carries a market commentary which includes details of all transactions reported, information on the supply/demand balance, import/export news, general sentiment for price direction, production information, feedstock price trends and general market intelligence affecting the acrylic acid and acrylate esters industries in Asia and the US.