On January 8, acrylic acid market was stable temporarily

1、 Acrylic price trend:


The average price of acrylic acid as of January 8 was 8133.33 yuan / ton, which was the same as that of January 7, up 2.52% year-on-year in a three-month cycle, according to the data in the business club’s large list. On August 8, the main quotation of acrylic acid in China was 7300-9300 yuan / ton.


PVA 2699

2、 Market analysis:


Product: acrylic acid market was stable on August 8. Acrylic acid market spot supply is limited, downstream just need to purchase, inquiry enthusiasm has improved, the overall market is stable. At present, the price of acrylic acid in Shandong Yukang Chemical Co., Ltd. is temporarily stable, with 7600 yuan / ton of common acid and 8100 yuan / ton of refined acid. The specific transaction price is discussed on a case by case basis. The price of acrylic acid in Wanhua chemical and Petrochemical Co., Ltd. is stable, mainly for contracts and stable customers. At present, the price of acrylic acid is 7800 yuan / ton.



Industrial chain: the market of propylene in Shandong continued to rise on August 8. Influenced by international crude oil, domestic propylene price rebounded from the bottom at the end of December, rising continuously. On January 5 and 6, it was generally stable, and on January 7, it began to rise again. Today, the enterprise price is still slightly increased by about 50 yuan / ton. At present, the market transaction is about 6950-7300 yuan / ton, and the mainstream price is about 6950 yuan / ton.


3、 Future forecast:


Analysts of acrylic acid business club believe that in the near future, the price of raw propylene has been rising continuously, and the cost support has been strengthened. It is expected that the acrylic acid market will be stable and positive in the short term, and more attention should be paid to the upstream and downstream and mainstream market conditions.