Acrylic acid market price is strong this week (8.31-9.4)

1、 Acrylic acid price trend

 

Gamma Polyglutamic Acid

(Figure: P value curve of acrylic acid products)

 

2、 Market analysis

 

This week, the market of acrylic acid is going strong. As of September 4, the average price of acrylic acid quoted in East China was 7533.33 yuan / ton, up 0.67% compared with the beginning of the week and 6.35% higher than that on August 4, according to the large list data of business agency. This week, the downstream inquiry increased, and the market atmosphere improved. With the continuous rise of raw material propylene market price, the cost continued to rise, and the overlapping trading became increasingly active, the transaction center of acrylic acid market moved up steadily.

 

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.; 7000 yuan / T; industry standard: common acid; grade: superior product: September 4, 2020

Jinan planhua Chemical Co., Ltd. 6700 yuan / T, line standard: ordinary acid; grade: superior product: September 4, 2020

Aite (Shandong) new material Co., Ltd. $6600 / T, industry standard: Pu acid; grade: superior product: September 3, 2020

Jinan Mingyu Chemical Co., Ltd. 6600 yuan / T, line standard: ordinary acid; grade: superior product: September 3, 2020

Jinan aochen Chemical Co., Ltd. 7000 yuan / T, line standard: common acid; grade: superior product: September 02, 2020

Jinan aochen Chemical Co., Ltd.? 9600 yuan / T refined acid; content: 99.7%; 2020-09-02

Upstream propylene, as of September 3, the propylene market in Shandong Province rose sharply. According to the price chart of the business agency, the price of propylene broke through the cyclical fluctuation range at the beginning of last month, and began to fluctuate in a narrow range, and the market fluctuation was small. However, since September 1, the price of propylene has continued to rise on the whole line, and the upward range is more and more large. Today, the price of propylene continues to rise by about 100 yuan / ton. At present, the market turnover is between 7150 yuan / ton and 7400 yuan / ton, and the mainstream price is about 7150 yuan / ton. Propylene manufacturers to ship smoothly, inventory without pressure.

 

3、 Future forecast

 

The acrylic acid analysts of the business agency believe that the price of raw material propylene has risen recently, and the cost is under pressure. The market has entered the peak season of “gold, silver and ten”, and gas consumption has gradually increased. It is expected that the acrylic acid market will be stable and better in the short term.

http://www.gammapolyglutamicacid.com

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