According to the bulk list data of the business agency, the average price of acrylic acid in East China was 8200.00 yuan/ton as of February 14, up 2.50% from the price of last Thursday (February 9).
| PVA |
The acrylic acid market has been strong recently. Recently, the price of raw material propylene fluctuated and fell, but the cost still remained in the face of acrylic acid support. The supply side of the production enterprise was not loaded high, and the market transaction was just in demand. With the resumption of downstream work in full swing, the demand side gradually increased, and the focus of acrylic acid market negotiation steadily rose.
Upstream propylene, according to the data monitoring of the Business News Agency, the domestic propylene (Shandong) market has been shaken down recently. On February 13, the reference price of propylene was 7468.25, down 0.83% from February 1 (7530.75).
The acrylic acid analyst of the Business Society believes that the market is mainly wait-and-see at present. With the support of the supply side, it is expected that the acrylic acid market will continue to operate strongly in the short term, and more attention should be paid to the market news guidance.
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