I. price trend of acrylic acid:
The average price of acrylic acid as of November 18 was 7200 yuan / ton, up 4.35% compared with last Friday (November 15), according to the data in the bulk list of business agencies. On the 18th, the main price of acrylic acid in China was 7000-7400 yuan / ton.
| trimethylacetyl chloride |
II. Market analysis:
Product: acrylic market rose on the 18th. The supply of acrylic acid Market narrowed, the downstream inquiry enthusiasm increased, and the market price of acrylic acid increased. On August 18, the price of acrylic acid in Wanhua chemical and Petrochemical Co., Ltd. rose, mainly supplying contracts and stabilizing customers. At present, the price of acrylic acid is 7200 yuan / ton.
Industrial chain: the market price of upstream propylene in Shandong continued to drop slightly on August 18. At present, the market turnover is still around 7200-7550 yuan / ton, and the mainstream price is 7250 yuan / ton. At present, the propylene inventory is still low, and the supply of goods in Northeast China has decreased. However, some downstream enterprises have stopped for maintenance, and the demand has also decreased. The crude oil and PP market are still ideal. It is expected that the propylene market price will start to maintain stability in the near future. The downstream price of isooctyl acrylate rose on May 18, which is good for acrylic acid.
| pivaloyl chloride |
3. Future forecast:
Analysts of acrylic acid in business association believe that the price of upstream propylene fell slightly, with limited impact on acrylic acid. The rise of acrylic acid is driven by the narrowing of spot supply and the improvement of downstream inquiry. The potential negative in the future is that the volume of transactions in the acrylic acid market is general, and the downstream procurement is mainly based on rigid demand. It is expected that in the short term, the acrylic acid Market will mainly digest the increase.
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