According to the bulk list data of business cooperatives, as of January 6, the average price of acrylic acid in East China was 6800.00 yuan/ton, which was the same as the price on Monday.

Acrylic acid market is mainly stable this week. This week, the price of raw propylene was largely stable and slightly volatile, with limited impact on cost. The industry’s operating rate rose slightly compared with the previous period. Downstream procurement was dominated by demand. The enthusiasm for inquiry was improved, and the market atmosphere was improved. The focus of acrylic market negotiations was not volatile.

Upstream propylene, according to the data monitoring of the business community, the domestic propylene (Shandong) market was stable and slightly moved this week, maintaining overall stability. The average price of Shandong market at the beginning of the week was 7244 yuan/ton, and the average price at the weekend was 7250 yuan/ton, with a weekly increase of 0.08%.

According to the acrylic analysts of the business community, the current cost is still supported, the market atmosphere has warmed up, and the transaction is just in demand. It is expected that the acrylic market will stabilize in the short term, and more attention should be paid to the downstream stock.