SunSirs:Acrylic Acid Market Stabilized Temporarily on September 5

　　1.the price trend

　　According to the statistics of the business community, the average price of acrylic acid as of September 5 was 7,900 RMB/ton, which was the same as that on the 4th. The market was temporarily stable, up 3.04% from August 5. Today's domestic mainstream acrylic offer is 7600~8100 RMB / ton.

　　2.Market analysis

　　Products: Today's acrylic market is temporarily stable. The overall trading atmosphere of the market is light, the downstream just needs to replenish the goods, the supply is generally sold, and the cautious wait-and-see is the main. Up to the 5th, the price of acrylic acid in Shandong Yukang Chemical Co., Ltd. has been stable. The price of acrylic acid 7600 RMB/ton, the specific transaction price, the actual single talk; The price of acrylic acid in Wanhua Chemical Petrochemical Company has remained stable, with the main supply contract and stable customers. At present, the price of acrylic acid is 8000 RMB/ton.

　　Industry Chain: Upstream propylene market price in Shandong is slightly higher today. The price of propylene enterprises in Shandong Province was raised by 50~100 RMB/ton on the 2nd day after holding steady on September 1. From 3 to 5, only some enterprises have risen slightly. The current market turnover is around 7650~7750 RMB/ton, and the mainstream price is about It is 7,650 RMB / ton. The downstream construction is stable, and the demand for acrylic acid is mainly for purchase, and more have a wait-and-see attitude.

　　3.Market outlook

　　Acrylic acid analysts of business associations believe that the slight increase in the market price of raw propylene has some cost support for acrylic acid, but the current market supply is sufficient, downstream consumption speed is insufficient to follow up, and the purchase on demand is maintained. It is expected that the acrylic acid market will maintain stable operation in the short term.

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