1、 Acrylic acid price trend
| PVA 1799 (PVA BF17) |
(Figure: P value curve of acrylic acid products)
2、 Market analysis
The market of acrylic acid rose on November 23. As of November 23, the average price of acrylic acid quoted in East China was 8800 yuan / ton, up 2.72% compared with last Friday and 16.72% lower than that on October 23, according to the data from the bulk list of business agencies.
In recent years, the price of raw material propylene has risen, the cost support has been strengthened, the downstream purchase on demand, the inquiry and transaction are acceptable, and the market trading center has steadily increased. On November 22, the acrylic acid commodity index was 42.96, unchanged with yesterday, down 57.04% from the cycle’s highest point of 100.00 (2011-09-01), and increased by 74.85% from the lowest point of 24.57 on November 26, 2015. (Note: period refers to 2011-09-01 to now)
Upstream propylene, upstream propylene, this week (11.16 ~ 11.20) Shandong propylene market rose over the weekend. According to the price chart of the business agency, since November 1, the propylene price has dropped sharply at the end of October, and has risen by 200-250 yuan / ton on the 5th. After a short period of stabilization, the price dropped slightly by about 100 yuan / ton on August 8 and 9, and then stabilized again. On the 12th, it rose 50 yuan / ton again, and then fluctuated slightly. On the 19th, it showed a trend of full increase, rising by 50-100 yuan / ton, and again today Generally, the price is raised by about 100 yuan / ton, and the current market turnover is between 6980 yuan / ton and 7300 yuan / ton, and the mainstream price is about 7000 yuan / ton. At present, the inventory of the manufacturer is controllable and the shipment situation is ideal.
3、 Future forecast
Acrylic acid analysts of the business agency believe that the price of raw material propylene has risen recently, the cost support has risen, and the downstream needs to purchase. It is expected that in the short term, the acrylic acid market will be mainly stable, and more attention should be paid to the market information guidance.
| PVA |