According to the bulk list data of business cooperatives, the average price of acrylic acid in East China was 8666.67 yuan/ton as of October 11, up 1.17% from October 8, up 10.64% from September 11, and down 23.53% year on year in a three-month cycle.

In the near future (10.8-10.11), the acrylic acid market has risen steadily. After the festival, the market price of raw propylene rose, the cost support was strengthened, and the load of some units was limited. In addition, the downstream buyer was more active, and the focus of acrylic acid market negotiation was steadily rising. The downstream was cautious and wait-and-see after the price increase, and the procurement was mainly just needed.

Upstream propylene, according to the data monitoring of the business community, the reference price of propylene was 7780.60 on October 10, up 2.1% compared with October 1 (7620.60).

Acrylic acid analysts from the business community believe that the current raw material propylene market is strong, the cost support is still strong, the supply and demand side procurement is mainly just in demand, and the market transaction is moderate. It is expected that the acrylic acid market will be strong in the short term, and more attention should be paid to the market news guidance.