Acrylic market price dynamics

Domestic acrylic manufacturers have reduced their inventory pressure and their prices have focused on raising prices. Acrylic manufacturers in the northern region are still available for shipment. High-end prices have risen slightly. The mainstream prices are in the range of 12,850-13,200 yuan per ton. The acrylic equipment in the southern region has started smoothly, and the manufacturers' inventories have declined. The prices have gradually increased, and the mainstream prices are at 12,800-13,500 yuan/ton.

The supply of acrylic acid in the domestic market is tight, and prices have gradually increased. In which the arrival of Huadong acrylic acid market was insufficient, buyers’ interest in inquiries increased, dealers shipped smoothly, and prices rose steadily. A mainstream market price of Pu acid in the 12700-12800 yuan / ton; South China acrylic market tight supply, downstream buyers can still accept goods, traders reluctant to sell mentality is obvious, prices rose sharply, a level of Pu acid barrels market mainstream prices in 14300-14500 yuan / ton; North China acrylic acid market price rose, distributors shipped good, prices rose slightly, a mainstream acid market quoted at 12700-13000 yuan / ton.

Market commentary. The acrylic acid market in China has been oscillating and prices have steadily risen. Upstream raw materials stabilized, acrylic stocks fell, the focus of quotations rebounded, supply of goods in the market was insufficient, traders’ confidence was boosted, shipments were good, and prices were gradually raised. The short-term acrylic market still has upward momentum.