Acrylic acid price stable, market inquiry

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

2、 Market analysis

On April 27, the acrylic acid market was stable. According to the data of the business club’s block list, as of April 27, the average quotation price of acrylic acid in East China was 10133.33 yuan / ton, which was flat compared with the previous trading day, increased by 1% compared with last Tuesday (April 20), and decreased by 2.88% compared with the price at the beginning of the month. At present, the price of raw material propylene is still at a high level, the cost support is obvious, the downstream is purchased on demand, the market transaction is orderly, and the acrylic acid market is temporarily stable.

According to the data monitoring of the business association, the recent acrylic acid prices of some enterprises (for reference only, the actual transaction prices of different brands, different specifications and products are mainly negotiated)

enterprise market price Specifications date

Jinan Mingwei Chemical Co., Ltd 9500 yuan / ton Commercial standard: propanoic acid; Grade: superior 2021-4-27

Jinan aochen Chemical Co., Ltd 10500 yuan / ton Commercial standard: propanoic acid; Grade: superior 2021-4-27

Jinan aochen Chemical Co., Ltd 11200 yuan / ton Spermic acid; The content was 99.7%; 2021-4-27

Jinan Mingyu Chemical Co., Ltd 9300 yuan / ton Commercial standard: propanoic acid; Grade: superior 2021-4-26

Jinan jinrihe Chemical Co., Ltd 11000 yuan / ton Commercial standard: propanoic acid; Grade: superior 2021-4-26

Shandong ruishuang Chemical Co., Ltd 9800 yuan / ton 99.90%, superior products 2021-4-25

Upstream propylene, as of April 26, Shandong propylene market prices declined slightly. 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 6th, the price rose steadily, from the 16th, it rose steadily at the rate of 50 yuan / ton every day, and from the 23rd, it began to stabilize. Today, the price finally dropped by about 50 yuan / ton. At present, the market turnover is between 8550 yuan / ton and 8700 yuan / ton, and the mainstream price is about 8550 yuan / ton.

3、 Future forecast

Acrylic acid analysts of business news agency believe that at present, the upstream propylene price is weakening, but the cost pressure still exists. Market inquiries and transactions are general. It is expected that the acrylic acid market may be stable in the short term, and more attention should be paid to market information guidance. general