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    Home > Chemicals Industry > China Chemical > Acrylic acid prices soared, an increase of 112.71% year-on-year

    Acrylic acid prices soared, an increase of 112.71% year-on-year

    • Last Update: 2021-08-14
    • Source: Internet
    • Author: User
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    Recently, acrylic acid ushered in a soaring price
    .


    According to data from Huizheng Consulting, as of August 4, the average price of acrylic acid in East China was 15066.


    Huizheng Consulting reported that the acrylic acid market rose steadily in July, with a monthly increase of 27.
    35%
    .


    In July, the acrylic acid market tightened prices, and export inquiries increased sharply.


    Huizheng Consulting said that the current price of raw material propylene is mainly stable, and the impact on the cost side is limited.
    The continued tight spot supply is still the main factor supporting the market.
    It is expected that the acrylic acid market may continue to operate in the short term, and more attention needs to be paid to market news.
    Guidelines
    .

    Today, Longzhong Information released an acrylic morning reminder that the domestic acrylic acid market price climbed slightly on August 4, and the pace of increase has slowed down.
    Some market holders are reluctant to sell.
    At this time, the spot supply is still low.
    There are still devices that are about to enter the maintenance phase.
    For this reason, the tension is difficult to alleviate in the short term, health and safety protection is aggravated, and transportation restrictions in some areas are expected to consolidate at a high level in the domestic acrylic acid market
    .

    It is reported that a total of 17 A-share companies have deployed acrylic acid-related businesses
    .


    Data treasure shows that as of the close on August 4, the value of these 16 acrylic concept stocks A stock market totaled 713.


    In terms of upstream propylene, according to data from the business agency’s bulk list, as of August 3, the reference price of propylene was 7845.
    82, which was an increase of 0.
    27% compared with August 1 (7824.
    91).
    The market was stable and the price was stable.
    Lord
    .


    According to data from the business agency, the commodity price index of propylene and acrylic acid on August 4 was 75.




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