January 15 acrylic acid market stable operation

1、 Acrylic price trend:

(Figure: p-value curve of acrylic acid product source: Commodity analysis system of Business Club)

2、 Market analysis:

On January 15, acrylic acid market was stable. The average price of acrylic acid enterprises as of January 15 was 8200 yuan / ton, which was the same as yesterday, down 3.53% compared with the same period last year, according to the bulk list of business agencies. On the 15th, the main price of acrylic acid in China was around 7500-9300 yuan / ton. On January 15, the acrylic commodity index was 41.12, unchanged from yesterday, 58.88% lower than the cycle’s highest point of 100.00 (2011-09-01), and 67.36% higher than the lowest point of 24.57 on November 26, 2015. (Note: cycle refers to 2011-09-01 till now) at present, the price of acrylic acid of Shandong Yukang Chemical Co., Ltd. is temporarily stable, with 7600 yuan / ton of common acid and 8100 yuan / ton of refined acid. The specific transaction price is discussed in a single way. The price of acrylic acid of Wanhua Chemical Petrochemical Co., Ltd. is stable, mainly for contracts and stable customers. At present, the price of acrylic acid is 7800 yuan / ton.

3、 Future forecast:

Analysts of acrylic acid business association believe that the price of raw material propylene rose to a high level recently, with strong cost support. Before the downstream Festival, the atmosphere of goods preparation was active, the actual orders were increased, and the market trading was good. It is expected that in the short term, acrylic acid market will be dominated by high and strong operation, and more attention should be paid to upstream and downstream and mainstream market conditions.