Domestic Acrylic Startup Price Is Not Strongly Higher

The domestic acrylic acid plant starts at a low price and the price rises strongly. Among them, there are many suspensions of acrylic devices in the northern regions, and there is no mainstream quotation. Inventories of acrylic acid in the southern region have declined, and prices have risen rapidly. The mainstream quotation is 12100-13,000 yuan/ton, which is 600 yuan/ton higher than a week ago.

The domestic acrylic market has a tight spot supply, and prices have oscillated upwards. Among them, the trading atmosphere of Huadong acrylic acid market was relatively good. Dealers saw high prices and prices rose significantly. At present, the mainstream price in the Pu acid market is 11800-12000 yuan/ton, which is 400-500 yuan/ton higher than before the holiday; the mainstream quoted price in the refined acid market is 12500-12600 yuan/ton, which is 600-700 yuan/ton higher than a week ago.

In southern China, the supply of acrylic acid is tight, and the buyer’s inquiries increase. The distributor’s intention to ship is not strong. The mainstream quotation for PU acid barrels is at 13,000-13500 yuan/ton, and the high-end is 200 yuan/ton higher than before the holiday; The offer price was between RMB 14300-14500/ton, which was RMB 500-700/ton higher than one week ago; the atmosphere of the acrylic market in North China was better, the downstream buyers entered the market, the trading volume increased modestly, and the distributors shipped smoothly. The offer price is 11800-12100 yuan/ton, which is 300-500 yuan/ton higher than before the holiday.

Market comment: After the long holiday, the domestic acrylic device stopped more, the manufacturer's inventory declined, and there was no shipping pressure. The upstream raw material was operating at a high level, which strongly supported the cost of downstream acrylic acid. The factory was very price-strengthening and boosted the confidence of dealers. Although the current market volume needs further follow-up, the shortage of supply will help the short-term market to maintain a strong operation.