Acrylic acid market price dynamics yesterday
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The domestic acrylic acid market is very weak and prices continue to fall. Among them, the atmosphere of acrylic acid trading in East China was quiet, buyers waited and looked heavier, distributors were relatively weak, quotation was reduced slightly, and the mainstream price in the Pu acid market was at 10300-10500 yuan/ton, which was 100 yuan/ton lower than a week ago. The quoted price in the acid market was between RMB 12,000 and RMB 12,300/ton, down RMB 200/ton from the previous week.
In southern China, the atmosphere was weak and prices continued to fall. The mainstream offer prices of raw materials in barrels were between RMB 12,000 and RMB 12,300 per ton, unchanged from a week ago. The price of refined acid was narrowed and the mainstream price of barrels was at RMB 13,500-13,800/ton, compared with a week ago. Declined 200-300 yuan / ton; North China acrylic market is scarce, buyers need to buy, the spot stock is higher, the price continues to fall, the mainstream quoted price of Pu acid in 10300-10900 yuan / ton, down 100-500 yuan a week ago /Ton.
In the afternoon market, although the trend in the port area was relatively stable, the overall market sentiment remained weak. The rebound of upstream raw material prices was limited, the construction of downstream industries was low, and the macroeconomic environment continued to be weak. As a result, the market had a wait-and-see atmosphere and transactions were very sluggish. The short-term acrylic market continues to operate weakly.