According to the bulk list data of business society, as of June 29, the average quotation price of acrylic acid in East China was 13933.33 yuan / ton, down 4.35% compared with June 1, down 8.93% year-on-year in a three-month cycle, and up 24.04% compared with the same period last year.
| POLYVINYL ALCOHOL |
The acrylic acid market fell in June. In the first half of the month, the raw propylene market was weak, with limited cost support. Some early maintenance devices were opened one after another, with an increase in the operating rate. Downstream procurement was just in demand. The enthusiasm for inquiry was average, the demand side performance was light, and the market atmosphere was weak. In the second half of the month, the raw material propylene market declined, the cost support weakened, the acrylic acid operating rate increased slightly, some enterprises were expected to overhaul their devices, the downstream operation was stable, the purchasing enthusiasm was general, the market mentality was different, and the trading atmosphere was light and stalemate.
The upstream propylene, according to the monitoring data of business news agency, the reference price of propylene was 7738.25 on June 28, a decrease of 4.24% compared with June 1 (8080.60).
According to the acrylic acid analysts of business club, the current cost support is limited, and some devices on the supply side are overhauled, but the downstream buying enthusiasm is not high, and the market atmosphere is light. It is expected that the acrylic acid market may be in a stalemate in the short term, and more attention should be paid to the changes in market news.
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