Acrylic acid Market Trading atmosphere light prices continue to fall

Recently, the Acrylic Acid market turnover atmosphere is very light, prices continue to fall. The market trend of raw materials was weak, and the cost support for acrylic acid decreased. Acrylic acid plant started stably, the market supply was sufficient, terminal buyers'interest in entering the market was low, the trading atmosphere was depressing, the confidence of the holders declined, the stock was high, the delivery rate was slow, and the quotation continued to decline.

From the manufacturers'point of view, the domestic plant starts construction generally, the supply is on the high side, and the price is weak. Among them, the inventory of northern manufacturers gradually increased, prices dropped significantly, the mainstream quotation was 8300-8600 yuan (ton price, the same below); the speed of shipment of Southern manufacturers slowed down, prices steadily declined, the mainstream quotation was 8400-9900 yuan.

Regionally, the low-price supply in East China market is relatively abundant, the inquiry atmosphere is low, the price is weak, the mainstream price in the primary market of Pu-acid is 7900-8000 yuan, and the mainstream price of essence acid is 8600-8700 yuan; the spot stock in South China market is high, the inquiry atmosphere is depressing, the quotation continues to decline, and the mainstream price in the primary market of Pu-acid is 8200-8300 yuan; the market demand in North China is relatively depressed and the price shocks. Down, the mainstream price of the primary market of Propionic Acid is 7900-8000 yuan, and the price of refined acid is 8600-8700 yuan.

In the future market, the market has a strong wait-and-see atmosphere and few initiative negotiations, and the short-term Acrylic Acid market will remain weak.