1、 Acrylic acid price trend

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

2、 Market analysis

Recently, the market of acrylic acid continued to rise. According to the block list data of business news agency, as of February 23, the average quotation price of acrylic acid in East China was 10366.67 yuan / ton, up 2.64% compared with the previous trading day, up 11.47% compared with February 18, and up 9.51% compared with January 23.

Recently, the price of raw material propylene has been continuously rising, which has boosted the cost support of acrylic acid. In addition, the overall market starts to maintain a low level, and the spot supply is tight. At the same time, the downstream production is gradually restored, the purchasing enthusiasm is improved, and the industrial chain market is strong, which has boosted the market confidence, and the trading center of acrylic acid market has moved up.

Upstream propylene, February 22, Shandong propylene market price increase. According to the price chart of the business club, the price of propylene declined all the way at the end of January. After a slight rise at the end of the month, it began to stabilize. On the 8th, the price of enterprises generally dropped by 50 yuan / ton. Later, it entered the Spring Festival holiday. Most of the enterprises remained stable in the first half of the year, while the price rose steadily in the second half of the year (starting from February 15). The 18th was the first day of official work. From the 21st, the price rose by 200 yuan / ton every day About 400 yuan / ton. After the Spring Festival, a total of 800 yuan / ton has gone up. Now the market transaction has reached 8300 ~ 8450 yuan / ton, and the mainstream price has reached 8300 yuan / ton.

3、 Future forecast

Acrylic acid analysts from business news agency believe that the current rising trend of raw material propylene remains unchanged, and the cost pressure is relatively high. In addition, the spot supply in the market is tight, and the downstream is returning to the market one after another. Driven by the rising trend of raw materials and the favorable supply and demand, it is expected that the acrylic acid market will be relatively strong in the short term, and more attention should be paid to the market information guidance.