November 13 acrylic acid market is stable temporarily

I. price trend of acrylic acid:

The average price of acrylic acid as of November 13 was 6900 yuan / ton, which was the same as that of December 12. The market was stable temporarily, down 10.39% compared with that of October 13, according to the bulk list of business agencies. On the 13th, the main price of acrylic acid in China was 6800-7000 yuan / ton.

II. Market analysis:

Product: acrylic acid market run smoothly on the 13th. The supply side of acrylic acid market is acceptable, the downstream construction load has not improved, the consumption of demand side is general, the manufacturer’s operation enthusiasm is not high, and the delivery and investment side is light. As of March 13, the price of acrylic acid of Shandong Yukang Chemical Co., Ltd. has been temporarily stable, with 8200 yuan / ton of common acid and 8850 yuan / ton of refined acid. The specific transaction price is determined by the actual contract. The price of acrylic acid of Jinan aochen Chemical Co., Ltd. is 7500 yuan / ton of common acid and 9400 yuan / ton of refined acid. The specific transaction price is determined by the actual contract. The price of acrylic acid of Wanhua chemical and Petrochemical Co., Ltd. has remained stable, mainly for contracts and stable customers. At present, acrylic acid The price is 7000 yuan / ton.

Industrial chain: the market price of upstream propylene in Shandong Province has increased recently. At present, the market turnover is about 7320-7550 yuan / ton, and the mainstream price is 7350 yuan / ton. At present, propylene inventory is low, supply is more tight, downstream purchasing sentiment is good, and crude oil and PP market is still ideal, some prices are still rising. The operation rate of downstream acrylic acid manufacturers is low, and the purchase is just needed. The atmosphere of waiting and watching is strong.

3. Future forecast:

According to the acrylic analysts of the business community, the price of raw material propylene has increased recently, supporting the cost of acrylic acid. The downstream demand is light, and the market is just in demand. The industry participates cautiously. It is expected that the acrylic acid market will maintain stable operation in the short term.