The recent tight supply of acrylic, market prices continue to rise

Recently, domestic and foreign (meth) acrylic acid and its ester production unit running situation is slightly poor, and the overall domestic supply side has not significantly ample, related products at home and abroad overall social stock low, the market supply continued low background under. Domestic acrylic and its esters as a whole market coverage atmosphere is frequent, low-end supply is hard to find. Affected by the shortage of acrylic supply market price, its related downstream products, hydroxyethyl acrylate (HEA) also showed a positive upward trend.

The recent domestic and international acrylic and its ester plant operating load rate is low, Shandong Kai Tai new plant, CNOOC and other acrylic and its ester plant parking, Ningbo Formosa a set of acrylic device parking, Jiangsu Miki acrylic and its ester plant to drive For the use of the main, real sales volume is rare, and the recent Yangtze BASF, Arkema, satellite petrochemical and other production enterprises are very rare real estate sales are rare. Overall, the recent domestic acrylic equipment to maintain 4 to 5 into the loading load rate, the market supply side of the sharp tight, a local area is difficult to find a single transaction level continued to run tight trend, the market price continued high. In addition to the domestic device to maintain low-load operation, the foreign device is also frequent failure, May 16, the United States of America BASF Texas Freeport of butyl acrylate equipment failure accidental parking. By the supply side continued tight influence, the domestic acrylic market prices continued high finishing operation trend, low prices difficult to find.

As of May 19, the domestic acrylic acid mainstream offer price to reach 7600-7800 yuan / ton, the domestic mainstream acrylic acid offer price of 7800 yuan / ton in the vicinity. The overall position of the social inventory, the market brokers Chaosheng heard the frequency is now, acrylic secondary market offer price approaching 8,000 yuan / ton mark, although the period from May to June, for the acrylic products downstream of the traditional sales off-season, however In the cost of increasing pressure on the background, the corresponding downstream products corresponding to the rise is not impossible.

To hydroxyethyl acrylate, hydroxypropyl acrylate as the representative of the downstream terminal industry cost pressures increased, the market price has been correspondingly uplift, and the late or may continue to rise.

As the supply of raw materials, acrylic market is tight, the market price continues to rise high run. The recent domestic production of hydroxyethyl acrylate, hydroxypropyl acrylate and other raw materials, the cost of raw materials more and more pressure. Many downstream end-users understand the price of raw materials or will continue high, so the recent increase in hydroxyethyl acrylate, hydroxypropyl acrylate and other products in the actual procurement. So the recent time, China’s domestic hydroxyethyl acrylate, hydroxypropyl acrylate and other production orders more and more good, the overall social stock more low, and even many manufacturers have been arranged to order in June. As the order situation to the good and raw material prices continued high, many recent brokers have raised their actual offer price.

Many people in the industry even said that as the market price of ethylene oxide continued high steady operation, and later still do not rule out the possibility of rising. While the acrylic production plant installed low load, the market supply scarce, the market price of active climbing. So the domestic hydroxyethyl acrylate, hydroxypropyl acrylate and other raw materials cost of raw materials or will continue to increase, so do not rule out the late market prices or will continue to maintain the possibility of high pull up.