The Acrylic Acid market in China and Germany is showcasing a mixed trend. In Germany, the Acrylic Acid market is experiencing continued bearishness in its trend, where the prices of the commodity are maintaining stability at a lower end amid the subdued market activities in the downstream Coating and Construction enterprises. Whereas, China is showcasing improvement in its trend and pushing the trend upwards reflecting the bullish market sentiments.

By the end of December 2024, the Acrylic Acid market in Germany continued to exhibit stability at the lower end, mirroring the ongoing bearish market sentiments. This persistent bearish trend is largely due to the sluggish activities in the downstream Coating and Construction enterprises, which have consistently impacted the demand for Acrylic Acid. The lackluster performance in these sectors has led to a subdued market environment, where the demand for Acrylic Acid remains weak and prices stable yet low. This continued stability at lower price points highlights the broader market's challenges, reflecting the limited recovery or growth within the Acrylic Acid market in Germany.

As winter approaches, the overall economic slowdown has significantly subdued market activities, leading to limited demand for Acrylic Acid from downstream Coating and Construction enterprises. This downturn has resulted in market players maintaining their ex-quotations at lower levels due to a prevailing destocking mindset aimed at avoiding potential year-end tax charges. Consequently, new orders for Acrylic Acid have also been limited, further reinforcing the stagnant market sentiments. This scenario highlights the cautious approach adopted by market participants, who are focused on inventory management and maintaining stable quotations amidst the challenging economic conditions, ultimately keeping the market environment unchanged.

During the week ending on 27^th December, the Acrylic Acid market in China experienced a notable 6% increase, despite stable production costs and unchanged feedstock Propylene prices. This price surge was primarily driven by maintenance shutdowns at three major companies: Qixiang Tengda Chemical Co., Ltd. in Zibo (capacity 6667 TPM, shutdown from 17 December to 31 December), Shandong Kaitai Petrochemical Co., Ltd. in Shandong (capacity 9167 TPM, shutdown from 1 December to 31 December), and Wanhua Chemical Group Co. Ltd. in Yantai (capacity 25000 TPM, shutdown from 16 December to 28 December). These shutdowns significantly limited the supply of Acrylic Acid, leading to increased market tensions. Consequently, market participants raised their ex-quotations, reflecting the constrained supply in the Chinese market. This situation underscores the impact of production disruptions on market dynamics, with strategic price adjustments aligning with the altered supply landscape.

According to ChemAnalyst, the Acrylic Acid market is expected to see a rise in the coming weeks. Market players are likely to revise their ex-quotations at the start of the new year, which could lead to an increase in prices. This forecast suggests a potential upward trend in the market as we move into the new year.