Price Trend
| PVA FIBER |
According to data from business associations, acrylic acid market remained stable this week, with an offer price of 8166.67 yuan/ton at the beginning of the week and 8166.67 yuan/ton at the end of the week, up or down by 0%.
II. Market Analysis
Product: Acrylic acid market price is in the bottoming stage this week. Spot prices remain stable for the time being. Terminal purchasing has been restored. Source sales are general. At present, the mainstream price in the primary market of propionic acid ranges from 7800 to 8300 yuan/ton, and there is limited room for negotiation. As of Friday, the price of acrylic acid at Wanzhou Petrochemical Company was stable. Propionic acid 8300 yuan/ton, stable price, factual; Qilu Kaitai acrylic acid price slightly reduced. The price of acrylic acid in Wanhua Chemical Petrochemical Company has remained stable, and the main contract for supply and customers have been stabilized. At present, the price of acrylic acid is 8,100 yuan per ton.
| PVA 1788 (PVA BP17) |
Industry chain: Recently, the domestic propylene (Shandong) price has been rising continuously, but the range is small. At present, the main market turnover is about 6950-7150 yuan/ton. This week I heard that the maintenance plan of a dehydrogenation plant in North China and Shandong Province has been postponed, so the supply of the dehydrogenation plant is abundant.
3. Future Market Forecast
Acrylic acid analysts believe that the domestic acrylic market is temporarily stable, raw materials are rising and falling, production capacity is gradually restored, terminal demand is general, prices remain stable, the acrylic acid market is expected to shift in the short term, trading price fluctuations between small areas.
| PVA 1799 (PVA BF17) |