March 28, 2024

Acrylic acid market price dynamics on the 4th

Acrylic acid market price dynamics on the 4th It is understood that, although the overall domestic acrylic acid installations in China are currently under construction, due to the factors of weak demand, the stock of goods is still rising. As a result, the price of acrylic acid continues to fall.

In the northern region, the main acrylic device was shut down, and there was a lack of mainstream quotation. The acrylic manufacturers in the southern region demanded unrelented shipments, and prices continued to fall sharply. The mainstream price was 10,600-12,500 yuan/ton.

The domestic acrylic market has a stagnant trading environment and prices continue to decline. Among them, the acrylic acid market in East China continued to drop sharply. Buyers were on the sidelines and dealers were difficult to ship. The mainstream price in the primary Pu acid market was between 10,500 and 10,800 yuan per ton, which was a sharp drop from 1,500 to 2,200 yuan per ton a week ago. The price was between RMB 12,000 and RMB 12,500/ton, a sharp decrease of RMB 2,500/ton over the previous week; the trading climate of the acrylic acid market in South China was low, the inventory of dealers was high, prices continued to fall, and the mainstream price of PU raw materials was RMB 12,500-12,800/ton. , fell 500-1200 yuan / ton compared with a week ago; the acrylic market in North China to discuss the recession, the spot supply is sufficient, trading volume has shrunk dramatically, dealers sell low prices, a mainstream acid market quoted at 10500-10800 yuan / ton Compared with a week ago, it fell 1,500-2200 yuan/ton.

Market commentary. The raw material support was weak, the pressure from the manufacturer’s inventory was large, the price continued to drop, the downstream buyers lacked interest in entering the market, the atmosphere was negotiating, the trading volume was very sluggish, and the market confidence declined. Traders continued to look down on the market. The short-term acrylic market still has no signs of a downturn.

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