The acrylic market stopped falling and stabilized this week (7.30-8.3)

First, the price trend

According to the data of the business community, the market price of acrylic acid stopped falling this week. The downstream enterprises gradually replenished the goods, gradually established reasonable stocks, and the operating rate of some enterprises gradually recovered. The market wait-and-see atmosphere is getting stronger. The mainstream price of the primary acid market is 8600-8700. Yuan/ton, and there is limited space for negotiation.

Second, the market analysis

Product: Wanhua Chemical (Yantai) Petrochemical Co., Ltd. acrylic acid offer 8400 -8600 yuan / ton; Jinan Century Tongda Chemical Co., Ltd. acrylic acid market temporarily stabilized, the price of acid is 8300 yuan / ton. Recently, the prices of acrylic raw materials have risen and fallen, but as the prices of downstream enterprises have gradually improved, the price of acrylic acid has stopped falling and stabilized.

Industry chain: The price of Shandong propylene market is temporarily stable this week, the mainstream price is 8500-8850 yuan / ton. The price of propylene in Shandong Province is on the rise. As the market environment is in a situation of less than demand, the supply of propylene is smooth, and it is expected that propylene will remain at a high level.

Third, the market outlook

Acrylic analysts in the business community believe that the domestic demand for acrylic acid is gradually getting better loaded, the inventory is continuously digested, and some manufacturers gradually resume the operating rate. It is expected that the acrylic acid market will be adjusted in the short term.

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