I. price trend of acrylic acid:

The average price of acrylic acid as of October 18 was 7700 yuan / ton, the same as that at the beginning of the week, and the market remained stable, according to the data in the bulk list of business agencies. On the 18th, the main price of acrylic acid in China was 7500-7900 yuan / ton.

II. Market analysis:

Product: acrylic market is stable this week. This week, acrylic acid market performance is light, supply side is sufficient, but demand side consumption is general, terminal market is weak. As of August 18, the price of acrylic acid of Shandong Yukang Chemical Co., Ltd. has been temporarily stable, with 8200 yuan / ton of common acid and 8850 yuan / ton of refined acid. The specific transaction price is actually discussed. The price of acrylic acid of Jinan aochen Chemical Co., Ltd. is 8200 yuan / ton of common acid and 9400 yuan / ton of refined acid. The specific transaction price is actually discussed. The price of acrylic acid of Wanhua chemical and Petrochemical Co., Ltd. has remained stable, mainly for contracts and stable customers. At present, acrylic acid The price is 7500 yuan / ton.

Industry chain: the market price (10.14-10.18) of the upstream propylene in Shandong fell slightly this week, down 1.10%. 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 the 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 18th, they continued to decline by 50 yuan / ton. At present, the market turnover is about 7380-7700 yuan / ton, and the mainstream price is 7400 yuan / ton. The demand for acrylic acid downstream market is weak, and the inquiry for acrylic acid entering the market is just needed, the purchase is limited, and the wait-and-see atmosphere is strong.

3. Future forecast:

According to acrylic analysts of business club, the raw material propylene is slightly down, the cost support surface of acrylic acid is weakened, and the downstream market demand is weak, and the market inquiry volume is small. It is expected that in the short term, the acrylic acid market will be dominated by weak operation.