I. price trend of acrylic acid:
According to the data of the business club’s large scale list, the average price of acrylic acid as of October 21 was 7533.33 yuan / ton. The acrylic acid market was dominated by maintaining stable operation, and the quotation of some enterprises was lowered, which was 2.16% lower than that of last Friday (October 18). The mainstream quotation of domestic acrylic acid on October 21 was 7200-7900 yuan / ton.
II. Market analysis:
Product: acrylic acid market fell on the 21st, with a cold trading atmosphere. On the 21st, the price of acrylic acid of Shandong Yukang Chemical Co., Ltd. was temporarily stable, with 8200 yuan / ton of puic acid and 8850 yuan / ton of refined acid. The specific transaction price was discussed in a single way. The price of acrylic acid of Jinan aochen Chemical Co., Ltd. was 7500 yuan / ton of puic acid and 9400 yuan / ton of refined acid. The specific transaction price was discussed in a single way. The price of acrylic acid of Wanhua Chemical Petrochemical Co., Ltd. remained stable, mainly for contracts and stable customers. At present, the price of acrylic acid is stable. 7500 yuan / ton.
Industrial chain: the market price of upstream propylene in Shandong fell slightly on the 21st. At the beginning of October, it was the National Day holiday. Due to the impact of the policy of limiting production and operation, the price of propylene remained stable during the holiday, with occasional downward trend. After the end of the policy, most of the initial prices remained stable. On the 10th and 11th, the prices of enterprises rose. On the 12th, the prices stabilized. On the 13th, 14th and 15th, they all rose slightly. On the 16th, they were stable. On the 17th, most of the enterprises began to decline. On the weekend, they declined significantly. On the 21st, some enterprises still fell. The current market turnover was about 7200-7550 yuan / ton, and the mainstream price was 7200 yuan / ton. Downstream acrylic acid operators are not highly involved in the market, and they are more cautious to wait and see.
| Thiourea |
Industry: according to the price monitoring of the business agency, there are 8 kinds of commodities in the rise and fall list of bulk commodity prices on October 21, 2019, among which the top three commodities are hydrogen peroxide (3.62%), epichlorohydrin (3.37%) and calcium carbide (2.04%). There are 21 kinds of commodities falling on a month on month basis, 2 kinds of commodities falling by more than 5%, accounting for 2.4% of the number of commodities monitored in this sector; the top three products falling are nitric acid (- 7.94%), hydrochloric acid (- 7.41%), aluminum fluoride (- 4.00%). The 21 day average rose or fell by – 0.46%.
3. Future forecast:
Acrylic analysts of the business association believe that the raw material propylene continues to decline and the cost side is weak. Restricted by weak market demand, the downstream market entry is negative, and it is expected that the acrylic acid market will be weak and stable in the short term.
| http://www.pivalicacid.com |