First, the price trend
According to the data of the business community, the price of acrylic acid market fluctuated downward this week, the demand gradually improved, and the supply of goods was faster than the previous period. The mainstream price of the primary market of the acid was 9000-9200 yuan/ton, and the space for negotiation was limited.
Second, the market analysis
Product: Jiangsu Jurong Chemical Co., Ltd. quotation of acrylic acid is 9200-9300 yuan / ton; Nantong Runfeng Petrochemical Co., Ltd. acrylic acid market is temporarily stable, the price of acid is 8600 yuan / ton. Recently, the prices of acrylic raw materials have risen and fallen, the market has mainly digested inventories, and prices have remained weak.
Industry chain: Domestic propylene (East China) prices have fallen this week. With the resumption of production in the previous inspection and refinery, the supply of propylene in the field was sufficient, and the propylene inflow in the peripheral area increased the pressure on the inventory in the area. As of the end of this week, the mainstream price of the East China propylene market is around 9,300 yuan / ton.
| Sulfamic acid |
Third, the market outlook
The acrylics analyst of the business community believes that the domestic acrylic acid supply is stable, the downstream keeps the inventory purchase, and the price gradually picks up. It is expected that the acrylic acid market will be adjusted in the short term.