1、 Market price trend
Under the influence of the supply-demand game, the price of acrylic acid in the market shows a trend of strong oscillation. Specifically manifested as:
1. Price fluctuations: The price of acrylic acid in the market exhibits a fluctuating pattern of ups and downs at different time periods. This price fluctuation reflects the complex changes in the market under the influence of various factors such as supply and demand, raw material costs, production capacity and supply and demand, as well as policies and regulations.
2. Overall trend: Despite fluctuations in market prices, the overall trend is stable with an upward trend. As of March 25th, the benchmark price of acrylic acid in Shengyi Society was 7475.00 yuan/ton, a decrease of -2.92% compared to the beginning of this month (7700.00 yuan/ton).
2、 Market supply and demand situation
1. Supply side: In the short term, some maintenance units have plans to restart next week, and the expected on-site supply will increase narrowly compared to the current situation. It is expected that the capacity utilization rate will increase narrowly, and the short-term spot supply will still be tight.
2. Demand side: Currently, with the rise of acrylic acid prices to a high level, downstream end users are mainly digesting contracts. However, the sustained high volatility of prices has forced some downstream companies to enter the market to replenish, and with some terminal factories reducing load or stopping operations, it is not ruled out that there may be the possibility of early stocking. The demand side is cautiously optimistic.
3、 Future prospects
With the expansion of production capacity in the acrylic acid industry, market competition will become more intense. Enterprises need to improve their market competitiveness through technological innovation, product structure adjustment, and other means.
With the increasing global emphasis on environmental protection and sustainable development, environmental requirements will become an important limiting factor for the development of the acrylic acid industry. Enterprises need to adopt environmentally friendly materials, optimize production processes, and other measures to reduce environmental pollution during the production process.
The collaboration and integration between upstream and downstream enterprises in the acrylic acid industry chain will be strengthened to enhance the competitiveness and profitability of the entire industry chain.
In summary, under the game of supply and demand, the acrylic acid market has shown a trend of strong oscillation in recent times. In the future, the acrylic acid industry will continue to maintain its growth trend, but market competition will also become more intense. Enterprises need to closely monitor market trends and actively respond to challenges posed by market competition and environmental requirements in order to achieve healthier and more sustainable development.
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