Acrylic acid market price rise

1、 Acrylic acid price trend

 

(Figure: p-value curve of acrylic acid product source: Commodity analysis system of Business Association)

 

2、 Market analysis

 

The market of acrylic acid rose on February 19. According to the block list data of business news agency, as of February 19, the average quotation price of acrylic acid in East China was 9466.67 yuan / ton, up 1.79% compared with the previous trading day and 0.35% compared with January 19. In terms of raw materials, propylene prices rose, cost support rose, and in terms of supply, the overall starting load of mainstream plants was not high, the spot supply was tight, market participants returned to the market one after another, the overall support was strengthened, and the focus of market negotiation was higher.

 

According to the data monitoring of the business society, the latest price quotation of some acrylic acid enterprises is: Jinan Mingwei Chemical Co., Ltd. acrylic acid, property specification (standard: common acid; grade: superior product) is 8600 yuan / ton, Jinan Mingyu Chemical Co., Ltd. acrylic acid, property specification (standard: common acid; grade: superior product) is 8600 yuan / ton, and the spot price of the merchants depends on the market, The actual transaction price is mainly through negotiation.

 

Upstream propylene, February 18, Shandong propylene market prices rose significantly. According to the price chart of the business club, the price of propylene declined all the way at the end of January, rose slightly at the end of the month, and then began to stabilize. On the 8th, the price of enterprises generally dropped by 50 yuan / ton, and then entered the Spring Festival holiday. Most of them remained stable in the first half of the year, while the price rose steadily in the second half of the year (from February 15). Today is the first day of official work, the price rose by about 200 yuan / ton, and the current market transaction is 7300 ~ 7550 yuan/ The mainstream price rose to about 7300 yuan / ton.

 

3、 Future forecast

 

According to the acrylic acid analysts of business news agency, at present, the price of raw material propylene is rising, the cost support is obvious, and the market spot supply is limited, so the overall support of the market is acceptable. It is expected that the acrylic acid market may rise steadily in the short term, so more attention should be paid to the market information guidance.

Polyglutamic acid

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