1、 Price trend of acrylic acid

(Figure: P value curve of acrylic acid product)

2、 Market analysis:

Recently, acrylic acid market is in weak operation. The average price of acrylic acid in East China as of June 22 was 7733.33 yuan / ton, down 6.07% compared with that of last Monday (compared with June 15), and 8.66% compared with that of May 22, according to the bulk list of business agencies.

Market review: on June 15, the average price of acrylic acid in East China was 8233.33 yuan / ton. The price of raw material propylene rose slightly. Some maintenance devices recovered slowly. The overall downstream operating rate slightly increased. The overall balance of supply and demand was achieved. On June 16-17, the price of acrylic acid ran smoothly. On June 18, the price of raw material propylene continued to rise. However, the downstream demand was relatively light, and procurement was mainly on demand. Some enterprises The average price of acrylic acid in East China decreased to 8166.67 yuan / ton, which was temporarily stable on the 19th, mainly stable on the 22nd. Some enterprises lowered their prices, and the average price of acrylic acid in East China decreased to 7733.33 yuan / ton, with low enthusiasm for downstream participation and light trading.

According to the data monitoring of the business agency, the price of acrylic acid in some enterprises in the near future (for reference only, the actual transaction price is mainly negotiated):

Raw propylene: on June 22, the market price of propylene in Shandong began to fall. According to the price of the business agency, the propylene market in Shandong increased by 250 yuan / ton in one week at the beginning of June, and there was a significant correction in the price in the middle of June, with a cumulative drop of 350 yuan / ton in the seventh day of the second week. From June 14 in the middle of the month, the price stopped falling again and picked up again. On June 19 last Friday, the price has risen 350-450 yuan / ton in a row. At the end of the week, the price remained stable. Today, the price dropped again by about 50 yuan / ton. Now, the market turnover is between 6780 and 7000 yuan / ton, and the mainstream price is around 6800 yuan / ton. At present, propylene manufacturers have no inventory pressure, but the delivery situation is general.

Statistics of downstream operation rate of acrylic acid:

3、 Future forecast:

According to the acrylic analyst of business club, at present, the price of raw material propylene starts to fall, the cost support is weakened, the market spot supply is sufficient, the downstream market inquiry and replenishment are just needed, and the purchase is limited. It is expected that in the short term, the acrylic market will be weak and stable, and more attention should be paid to the change of raw material price and the transaction situation in the mainstream market.