According to the bulk list data of business society, as of March 25, the average quotation price of acrylic acid in East China was 16200.00 yuan / ton, down 0.61% from Monday, up 1.04% from February 25, and up 23.04% year-on-year in a three-month cycle.

The acrylic acid market is weak this week. Recently, the price of raw material propylene has risen and the cost support has been strengthened. The operating rate of acrylic acid unit has increased, the downstream continues the rigid demand procurement mode, the demand side is light, the logistics and transportation situation in some regions has improved, the cargo holders have a positive shipping mentality, the downstream is mainly cautious, and the focus of market negotiation is weakened.

Upstream propylene, on the 23rd, Shandong propylene market was consolidated and operated. The mainstream price of propylene in Shandong market was 8000-8200 yuan / ton, the price of raw materials stopped falling and rebounded, and the propylene market stopped falling and stabilized under the support of cost. The profit of propylene industry declined, the transportation in some regions was not smooth, the downstream operation was limited, and the demand was insufficient.

According to the acrylic acid analysts of business society, the price of raw material propylene has risen recently, the cost support has risen, the support of market supply and demand is general, and the inquiry and transaction are light. It is expected that the acrylic acid market may be weak in the short term, and more attention should be paid to the guidance of market news.