I. price trend of acrylic acid:
According to a large number of data on the list of business agencies, the acrylic acid market this week rose steadily. As of December 13, the average price of acrylic acid was 8100 yuan / ton, up 1.25% compared with the beginning of the week. In a three-month cycle, it rose 0.41% year-on-year. On the 13th, the main price of acrylic acid in China was 7200-9300 yuan / ton.
II. Market analysis:
| Melamine |
Product: acrylic acid market is stable and rising this week. The starting load of acrylic acid plant has not been recovered, the spot supply is limited, the downstream demand is light, the purchase is just needed, and the market participation is cautious. As of the 13th, the price of acrylic acid of Shandong Yukang Chemical Co., Ltd. has been temporarily stable, with 7200 yuan / ton of common acid and 7800 yuan / ton of refined acid. The specific transaction price is discussed in a single and practical way. The price of acrylic acid of Wanhua Chemical Petrochemical Co., Ltd. has remained stable, with main supply contracts and stable customers. At present, the price of acrylic acid is 7700 yuan / ton.
Industry chain: this week (12.9-12.13), the market in Shandong area of propylene in the upper reaches rose slightly, or 0.11%. At present, the inventory of downstream enterprises is low, the purchasing mentality is slightly improved, the downward trend of propylene price begins to stop, and the crude oil market is relatively ideal. It is expected that the propylene market price may recover in recent days.
| EDTA 2Na |
Industry: according to the price monitoring of the business agency, in the 49th week of 2019 (12.9-12.13), there are 24 kinds of commodities rising month on month in the chemical industry sector, including 4 kinds of commodities rising by more than 5%, accounting for 4.7% of the number of commodities monitored in the sector; the top three commodities are glycol (17.59%), crude benzene (7.07%) and aniline (6.81%). There are 28 commodities with a decline of more than 5% on a month on month basis, accounting for 1.2% of the number of commodities monitored in the sector; the top three products with a decline are hydrochloric acid (- 6.41%), chloroform (- 4.55%), and bisphenol A (- 3.62%). This week’s average was 0.07%.
3. Future forecast:
Acrylic analysts of the business club believe that the price of upstream propylene is rising slightly, which has limited support for acrylic cost. The spot supply of acrylic acid is limited, but the demand in the downstream market is weak. It is expected that the acrylic acid market will maintain stable operation in the short term, and the negotiation is relatively stale.
| EDTA |