Acrylic acid market price fell (12.1-12.9)

According to the bulk list data of business society, as of December 9, the average quotation price of acrylic acid in East China was 15733.33 yuan / ton, down 7.45% compared with the price at the beginning of the month, down 11.11% compared with the price on November 9, and up 7.76% year-on-year in a three-month cycle.

 

PVA

 

Recently (12.1-12.9), the acrylic acid market fell. At the beginning of the month, the price of raw propylene was lowered, the cost support was weakened, the inventory of production plants was low, the downstream was mainly purchased on demand, the inquiry and transaction were general, and the market was weak and stable. With the rise of the price of raw propylene, the cost support was improved. However, at present, the market supply is sufficient, the downstream demand follow-up is insufficient, the wait-and-see atmosphere is strong, the inquiry and transaction are depressed, and the market price fell again.

 

For upstream propylene, the price of propylene in Shandong was temporarily stable on December 8, and the mainstream offer of propylene in Shandong was 7550-7600 yuan / ton. It was repaired after the sharp drop of upstream oil price, providing support for the rise of propylene, but the main downstream polypropylene market continued to fluctuate and weaken, the supply of propylene market was sufficient, the downstream demand was weak, and the contradiction between supply and demand remained..

http://www.pva-china.net

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