SunSirs--China Commodity Data Group

Member ID: password: Join Now!
Commodity News

SunSirs: Supply Is Tight, Acrylic Market Is Up

July 08 2021 14:17:37     SunSirs (John)

Price trend

According to data from SunSirs’ bulk list, as of July 7, the average price of acrylic acid in East China was 11,800 RMB/ton, an increase of 4.12% compared with the price at the beginning of the month, an increase of 15.69% compared with the price on June 7, and an increase of 14.19% y in a three-month cycle.

Analysis review

The acrylic acid market rose in June, with a monthly increase of 10.78%. Entering July, the acrylic acid market continued its upward trend. Recently, some companies have been overhauled, the spot supply is tight, the downstream is purchasing on demand, the market trading rhythm is active, and the price is rising steadily.

Upstream propylene, according to data from SunSirs’ bulk list, as of July 6, the reference price of propylene was 7,818.55 RMB/ton, which was a decrease of 0.17% compared with July 1 (7,832.18 RMB/ton). Market supply and demand are relatively stable, and prices are mainly stable.

Market outlook

According to the acrylic acid analysts of SunSirs, the current upstream propylene price is mainly stable, the cost impact is limited, and the market supply and demand continue to be tightly balanced. It is expected that in the short term, the acrylic acid market may be dominated by a firm operation, and more attention needs to be paid to market news guidance.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

Related Information
Energy
Chemical
1,3-butadiene | Acetic acid | Acetic anhydride | Acetone | Acrylic acid | Activated charcoal | Adipic acid | Aluminum fluoride | Ammonium nitrate | Ammonium sulfate | BDO | Benzene | Bisphenol A | Bromine | Butyl acetate | Butyl Acrylate | Calcium carbide | Calcium chloride | Calcium Formate | Caustic soda | Chlorinated Paraffin | Chloroacetic acid | Chloroform | CPL | Cryolite | Cyclohexane | DBP | Dichloromethane | Diethylene glycol | Dimethyl carbonate | DMF | DOP | DOTP | EA | ECH | Epoxy resin | Ethyl Acrylate | Ethylene oxide | Ferrous lithium phosphate | Flake caustic soda | Fluorite | Formaldehyde | Formic acid | Glycerol | Hexafluoropropylene | Hydrochloric acid | Hydrofluoric acid | Hydrogen peroxide | Hydrogenated benzene | IPA | Isobutanol | Isooctyl Acrylate | Liquid ammonia | Lithium carbonate | Lithium hydroxide | Maleic anhydride | MEK | Melamine | MIBK | N-butanol | N-butyraldehyde | N-Methylpyrrolidone | N-propanol | Neopentyl glycol | Nitric acid | Orthoboric acid | OX | PA | PAC | PAM | Paraformaldehyde | PCE | PEG | Phenol | Phosphate rock | Polysilicon | Potassium carbonate | Potassium chloride | Potassium nitrate | Potassium sulfate | Propane | Propylene | Propylene Glycol | Propylene oxide | PTFE | R134a | R22 | Resorcinol | Silica | Silicone DMC | Soda ash | Sodium acetate | Sodium Bicarbonate | Sodium metabisulfite | Stearic acid | Sulfur | Sulfuric acid | TDI | Titanium Dioxide | Titanium tetrachloride | Trichloroethylene | Urea | vitamin A | vitamin C | vitamin E |
Rubber & plastics
Textile
Non-ferrous metals
Steel
Building materials
Agricultural & sideline products