According to the bulk list data of business society, as of February 11, the average quotation price of acrylic acid in East China was 15733.33 yuan / ton, an increase of 7.27% compared with Monday, 15.69% compared with January 11, and a year-on-year decrease of 10.44% in a three-month cycle.
Acrylic acid market rose this week. Recently, the market of raw material propylene is relatively strong, the cost support is strong, the market spot supply is tight, the downstream enterprises have resumed work one after another, the market inquiry is positive, the atmosphere is good, and the focus of negotiation is steadily upward.
Upstream propylene, according to the data monitoring of business society, the reference price of propylene was 8310.60 on February 10, up 7.22% compared with February 1 (7750.80).
Acrylic acid analysts of business society believe that at present, the price of raw propylene is high, the cost side has certain support, the supply side is tight, and the demand side is gradually increasing. It is expected that the acrylic acid market will be dominated by strong operation in the short term, and more attention should be paid to the guidance of market news.
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