Acrylic acid market recovered slightly this week (4.1-4.5)

Price Trend

According to data from business associations, the acrylic acid market rose slightly this week, with an offer price of 7,900.00 yuan/ton at the beginning of the week, rising slightly, with a weekend offer price of 7,966.67 yuan/ton and a price increase of 67 yuan/ton, or 0.84%.

Magnesium Sulphate

II. Market Analysis

Products: Acrylic acid market prices stabilized this week, terminal industry demand warmed up, good supply sales. At present, the mainstream price in the primary market is 7800-8300 yuan/ton, and there is limited room for negotiation. As of Friday, the price of acrylic acid in Wanzhou Petrochemical Company was stable, with 8600 yuan/ton of propionic acid, stable price and factual statement; the price of acrylic acid in Ningbo Taiyuan Plastic Company was stable, with spot quotation of 8450 yuan/ton; the price of acrylic acid in Wanhua Chemical Petrochemical Company was temporarily stable, with the main supply contract and stable customers. At present, the price of acrylic acid is 7800 yuan/ton.

Sulfamic acid 

Industry chain: Recently, the domestic propylene (Shandong) price has been rising continuously. At present, the mainstream transaction in the market has risen to about 7100-7250 yuan/ton. Recently, the approaching of propylene plant overhaul, Wanhua PDH device officially began parking overhaul on April 1, 2019, is expected to overhaul about 20 days, propylene downstream production plant normal operation.

3. Future Market Forecast

Acrylic acid analysts believe that the domestic acrylic market has recovered slightly, the price of propylene in the upstream has increased, and the inventory of downstream enterprises has gradually warmed up. Most of them are based on rigid demand. It is expected that the focus of acrylic acid market will shift in the short term and the transaction price will rise slightly.

sulphamic acid