1、 Acrylic acid price trend

(Figure: p-value curve of acrylic acid products)

2、 Market analysis

Recently, the market of acrylic acid has recovered. According to the block list data of business news agency, as of April 14, the average quotation price of acrylic acid in East China was 9700 yuan / ton, up 0.69% compared with the previous trading day, up 1.39% compared with last Friday (April 9), down 7.03% compared with the price at the beginning of the month, and down 19.17% compared with the price on March 14.

Recently, the price of raw material propylene has been stable and wait-and-see, the cost support is obvious, the downstream inquiry purchasing enthusiasm has been improved, the market negotiation atmosphere is active, and the acrylic acid market is stable and rising.

Upstream propylene, April 14, Shandong propylene market price stability. According to the price chart of the business association, the price of propylene decreased sharply in the second half of March and rose at the end of the month. At the beginning of April, the market price rose slowly, with an average daily increase of about 50 yuan / ton. From the beginning of June, the price rose steadily, and today’s prices are almost stable. Now the market transaction is still between 8200 and 8400 yuan / ton, and the mainstream price is about 8200 yuan / ton.

3、 Future forecast

Acrylic acid analysts of business news agency believe that at present, the price of upstream propylene is mainly stable, and the cost side has certain support. In addition, the rising inquiry atmosphere has boosted the market mentality. It is expected that the acrylic acid market will be stable and good in the short term, and more attention should be paid to the market information guidance.