1、 Acrylic acid price trend

(Figure: P value curve of acrylic acid products)

2、 Market analysis

On December 15, the market of acrylic acid stabilized temporarily. According to the data of business club’s bulk list, as of December 15, the average price of acrylic acid quoted in East China was 9766.67 yuan / ton, which was flat compared with the previous trading day, increased by 26.84% compared with November 15, and increased by 14.01% on a three-month cycle. In the near future, the price of raw material propylene was generally stable 15 days after the price went down. The pressure of high cost still exists. The downstream market purchase is mainly on demand. The atmosphere of inquiry and transaction is general, and the enterprise’s offer is stable.

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)

Enterprise market price specification date

Jinan Mingwei Chemical Co., Ltd. 7900 yuan / T, line standard: ordinary acid; grade: superior product: December 15, 2020

Jinan planhua Chemical Co., Ltd. 7200 yuan / T, line standard: ordinary acid; grade: superior product: December 15, 2020

Jinan Mingyu Chemical Co., Ltd. 7900 yuan / T, line standard: common acid; grade: superior product: December 14, 2020

Shandong tashuo Chemical Co., Ltd. 7900 yuan / ton 200kg / barrel

Upstream propylene, on December 15, the market price of propylene in Shandong remained stable. According to the price chart of business agency, the price of propylene rose continuously in late November, increasing by more than 12%. From the end of the month to the beginning of the month, the price was stable again. On the 4th, the price rose by about 450 yuan / ton from the 3rd to the 8th, up by 5.90%. On the 9th, the price was fully stable. On the 10th, some enterprises made up for the increase, and some enterprises’ prices fell slightly. On the 11th, the price began to decline twice, and on the 14th, it had dropped 200-250 yuan / ton. Today, the price was mainly stable, and the market transaction was at 7 Between 850 and 8150 yuan / ton, the mainstream price is about 7900 yuan / ton. At present, the manufacturer’s inventory pressure is not big, the propylene plant shut down in the North has not been restored, and the shipment situation is ordinary.

3、 Future forecast

Acrylic acid analysts from the business community believe that the price of raw material propylene will remain stable after the recent downturn, and the cost pressure still exists, and the market trading atmosphere is general. It is expected that the acrylic acid market will operate with stability as the subjective expectation in the short term, and more attention should be paid to the market news guidance.