First, the price trend
According to the data of the business community, the market price of acrylic acid tends to be stable this week, and the downstream purchases are more on-demand. The market is stable in trading and the concentration of goods is high. The mainstream price of the primary market is about 9000-9200 yuan/ton. Single business space is limited.
Second, the market analysis
Product: Jinan Century Tongda Chemical Co., Ltd. has a stable price of acrylic acid. Pu acid 8300 yuan / ton, refined acid 9300 yuan / ton; Nantong Runfeng Petrochemical Co., Ltd. acrylic acid prices are stable. Pu acid 8600 yuan / ton, refined acid 9100 yuan / ton. The specific transaction price, the actual single talk. Recently, the price of acrylic raw materials has remained stable, and the market is mainly based on digesting inventories.
Industry chain: Domestic propylene (East China) prices rose linearly this week, hitting a new high in the year, and the downstream purchasing sentiment was good. At present, the mainstream market turnover is 9550-9650 yuan / ton. The overall upstream and downstream stocks are low, close to the Mid-Autumn Festival holiday, the downstream stocking sentiment is high, and the market demand is still strong.
Third, the market outlook
Acrylic analysts in the business community believe that the domestic acrylic acid supply is stable, the downstream maintains inventory purchases, and the price stabilizes. It is expected that the acrylic acid market will stabilize in the short term.
| PVA 1799 (PVA BF17) |