1、 Acrylic acid price trend

(Figure: P value curve of acrylic acid products)

2、 Market analysis

Recently (7.1-7.7) the market of acrylic acid is mainly stable, and the prices of some enterprises have increased slightly. According to the data of the bulk list of business agencies, as of July 7, the average price of acrylic acid in East China was 7733.33 yuan / ton, which was 0.43% higher than that on July 1 (7700 yuan / ton), and 24.06% higher than that on July 1.

At the beginning of July, the average quotation price of acrylic acid in East China was 7700 yuan / ton. The price of raw material propylene was high, the cost was under pressure, and the low-end price of the market went up. On the 2nd, the market of acrylic acid was mainly stable, and some enterprises raised their prices. The price rose to 7733.33 yuan / ton and remained stable. At present, the price of raw material propylene is going up, the cost support is strengthened, the spot supply in the market is sufficient, the downstream start-up is relatively stable, the procurement on demand is the main factor, and the market of acrylic acid is stable.

Statistics of weekly operating rate change of acrylic acid enterprises:

According to the data monitoring of the business agency, the price of acrylic acid of some enterprises in recent years (for reference only, the actual transaction price is mainly negotiated)

On July 7, the market price of propylene in Shandong continued to rise. According to the price chart of the business agency, the recent price of propylene fluctuates periodically, with a relatively stable price range. At the end of June, the price has been at a high level, stable at the beginning of the month, and then decreased continuously. After going down 200-250 yuan / ton, the price on the sixth day was adjusted back to about 100 yuan / ton. Today, it continues to rise by 50 yuan / ton. The market transaction is between 6720 and 7000 yuan / ton, and the mainstream price is about 6750 yuan / ton. The inventory pressure of propylene manufacturers has improved, the crude oil price has slightly increased, the overall downstream market operating rate is ideal, the polypropylene futures market is good, and the purchasing enthusiasm is improved. It is expected that the propylene price will continue to rise slightly in the near future, which is good support for acrylic acid.

3、 Future forecast

Acrylic acid analysts of the business community believe that at present, the price of raw material propylene is high, the cost is under pressure, the spot supply is sufficient, and downstream procurement is on demand. It is expected that the market of acrylic acid will be strong in the short term, and more attention should be paid to the change of raw material price.