SunSirs: The Price of Acrylic Acid is Expected to Rise in the Future
February 14 2023 15:37:24     The latest price of acrylic acid (February 13): 8200.00 RMB/ton, rising in the future
Key points of analysis: On February 13, the price of acrylic acid in East China rose by 2.50% compared with that of last Friday. Recently, the raw material propylene market has been shaken down, but the cost-side support still exists. The supply side production enterprises have low device load, and the market transaction is just in demand. With the resumption of downstream work in full swing, the demand side has gradually raised expectations, and the focus of the acrylic acid market negotiation has steadily risen.
Aftermarket forecast: supported by the supply side, it is expected that the acrylic acid market will be strong in the short term.
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