1、 Acrylic acid price trend
| PVA 1799 (PVA BF17) |
(Figure: P value curve of acrylic acid products)
2、 Market analysis
Recently, the market of acrylic acid has been running steadily, and the market price rose again on September 21. As of September 21, the average price of acrylic acid quoted in East China was 9333.33 yuan / ton, up 8.95% compared with last Monday (September 14) and 28.74% higher than that on August 21, according to the large list data of business agencies. At present, the price of raw material propylene is high, the cost continues to be under pressure, and some manufacturers are about to overhaul their devices. In addition, they are actively preparing goods near the downstream of Shuangjie, and the market of acrylic acid is rising.
The commodity index of acrylic acid on September 21 was 46.80, up 2.17 points compared with yesterday, 53.20% lower than 100.00 points (2011-09-01), and 90.48% higher than 24.57 points, the lowest point on November 26, 2015. (Note: period refers to 2011-09-01 to now)
| PVA 1788 (PVA BP17) |
Upstream propylene, the propylene market price in Shandong Province declined slightly on September 21. According to the price chart of the business agency, since September 1, the price of propylene has been rising all the way, and the upward range is getting bigger and bigger. Up to the fourth day, the total price rose by 300 yuan / ton. From the seventh to the tenth, the first round of downward adjustment occurred, with a total reduction of 100-150 yuan / ton. After that, it was slightly stable. From the 13th, the price went up again, up 350 yuan / ton on the 17th. On the 17th, the price remained stable, and the price decreased slightly on weekends Today, the prices of some enterprises are down by 50 yuan / ton, and some enterprises have the trend of making up. The transaction volume in the market is between 7300 yuan / ton and 7650 yuan / ton, and the mainstream price is about 7450 yuan / ton. Propylene manufacturers to ship smoothly, low inventory.
3、 Future forecast
Acrylic acid analysts of the business community believe that the recent high price of raw material propylene, coupled with the strengthening of supply and demand support, market trading is hot. It is expected that in the short term, the acrylic acid market will mainly operate at a high level, and more attention should be paid to market news guidance.
| PVA |