According to the commodity market analysis system of the business community, as of June 25, the average price of acrylic acid in East China was 5900.00 yuan/ton, 1.29% higher than that of last Monday (June 19).
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The acrylic acid market slightly increased this week (6.19-6.25). Recently, the price of raw material propylene in the market has risen, and cost support has increased, which has boosted the mentality of businesses and led to price increases for enterprises. The supply side of the factory has low equipment load, and the operating rate has decreased compared to the previous period. The demand side of procurement is mainly based on demand, and the market trading atmosphere is average, with a strong wait-and-see atmosphere.
Upstream propylene, according to the Commodity Market Analysis System of Business Society, on June 25th, the Shandong propylene market continued its upward trend, with the mainstream home price rising to 6350-6400 yuan/ton, an increase of 200 yuan/ton compared to before the holiday.
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