1、 Acrylic price trend:

(Figure: P value curve of acrylic acid product)

2、 Market analysis:

Product: according to the monitoring data of the business agency, the market of acrylic acid rose steadily on May 19. In recent years, the price of raw material propylene has been rising continuously, with strong cost support, tight spot market supply, relatively stable downstream demand and on-demand procurement. As of the 19th, the average price of acrylic acid enterprises was eight thousand four hundred and sixty-six point six seven Yuan / ton, up from yesterday 0.79% , up from May 6 14.41% 。 On May 18, the acrylic acid commodity index was forty-two point one two , 1 point higher than yesterday, the highest point in the cycle one hundred Point (2011-09-01) decreased 57.88% , compared with the lowest point on November 26, 2015 twenty-four point five seven It’s up 71.43% 。 (Note: cycle refers to 2011-09-01 to now)

Industrial chain: on May 18, the market price of propylene in Shandong still rose. Last month, the price of propylene in Shandong Province rose sharply and fell sharply, and then it held steady again, and the market was stable. During the May 1st period, the price of propylene slightly increased by about 50 yuan / ton. On the 6th, the price went up by 100 yuan / ton again. On the 7th, 8th and 9th, the price went up by 50 yuan / ton continuously. On the 10th, some enterprises went up by 50 yuan / ton continuously. On the 11th, they went up by 50 yuan / ton again. On the 12th, they went up by 100-200 yuan / ton obviously. On the 13th, they went up by 100-200 yuan / ton continuously. On the 14th, they went up by 50-100 yuan / ton again. On the 15th, they went up by 50-100 yuan / ton continuously. On the weekends The upward trend remained unchanged until the 18th, and the market turnover on the 18th has reached between 6800-6950 yuan / ton, with the mainstream price around 6800 yuan / ton.

Industry: according to the price monitoring of the business agency, there are 19 kinds of commodities in the rise and fall list of bulk commodity prices on May 18, 2020, among which there are 3 kinds of commodities with an increase of more than 5%, accounting for the number of commodities monitored in this sector 3.4% ; the top three commodities were ethylene（ 19.61% ）Trichloromethane（ 10.53% ）, octanol（ 6.67% )。 There are 13 commodities falling on a month on month basis, and 1 commodity falling by more than 5%, accounting for the number of commodities monitored in this sector 1.1% ; the first three products were potassium chloride (- 13.53% ）, hydrochloric acid (- 3.18% ）, butanone (- 2.63% )。 The average rise and fall of this day is 0.32% 。

3、 Future forecast:

According to the acrylic analyst of the business club, the price of raw material propylene has been rising steadily in the near future, the cost support continues to be strengthened, the spot supply is tight, the downstream customers just need to purchase, and the wait-and-see atmosphere is strong. It is expected that the acrylic market will be dominated by high and strong operation in the short term, and the specific trend needs to pay more attention to the change of raw material price and the transaction situation in the mainstream market.