1、 Acrylic acid price trend

(Figure: curve of P value of acrylic product)

2、 Market analysis

According to the data of business club’s block list, as of March 11, the average price of acrylic acid in East China was 12000 yuan / ton, up 1.12% compared with the beginning of the week, 25% compared with February 11, and 65.14% compared with the same period last year.

At present, some units are shut down for maintenance, the market supply is tight, which supports the rise of acrylic acid price. The downstream has a certain resistance to the high price, but the procurement maintains the pace of rigid demand, and the acrylic acid market is strong.

Upstream propylene, as of March 10, Shandong propylene market price is generally stable. According to the price chart of the business society, affected by the upstream and downstream, the propylene price rose again and again in the second half of February, which was at a high level for many years. It was generally stable at the end of the month and the beginning of the month. The price began to decline on the 4th, and generally rebounded on the 8th, with a total increase of 150-250 yuan / ton in the two days. At present, the market transaction is between 8400-8650 yuan / ton, and the mainstream price is about 8450 yuan / ton.

3、 Future forecast

According to the acrylic acid analysts of the business society, the current raw material propylene price is high, the cost support is strong, the spot supply is tight, the downstream is purchased on demand, and the market transaction is orderly. It is expected that the acrylic acid market will be strong in the short term, and more attention should be paid to the market information guidance.