According to the Commodity Market Analysis System of the Business Society, as of April 14th, the average price for acrylic acid in the East China region was 6775.00 yuan/ton, which is unchanged compared to Monday’s price.

The acrylic acid market has been operating steadily this week. Recently, the market price of raw propylene has risen, the cost support has been strengthened, the overhaul of some factories at the supply end has been completed, the industry operation rate has increased, the downstream procurement is mainly just in demand, the market transaction atmosphere is general, and the focus of acrylic acid negotiation is stable.

Upstream propylene, according to the commodity market analysis system of the Business Society, the support for the Shandong propylene market has become stronger recently, and the price has continued to rise slightly. On the 14th, the mainstream quotation in the Shandong market was 7200-7300 yuan/ton.

Acrylic acid analysts from Business Society believe that the current cost support has increased, operating rates have increased, market transactions are on demand, and there is a strong wait-and-see atmosphere. It is expected that the acrylic acid market will continue to consolidate and operate in the short term, and more attention needs to be paid to market news guidance.