This week, the maintenance of some domestic acrylic ester factories has been completed, and the capacity utilization rate has slightly increased. Its supply has also resumed, but the demand recovery is less than expected, and the acrylic ester market is operating steadily. As of April 24th, the benchmark price of butyl acrylate for Shengyishe is 9500.00 yuan/ton, which is the same as last week’s price.
This week, the benchmark price of ethyl acrylate for Business Society is 9375.00 yuan/ton, which is the same as last week; The benchmark price of isooctyl acrylate is 12625.00 yuan/ton, which is the same as last week.
From the perspective of raw materials in the industrial chain;
The price of acrylic acid has remained stable this week. On April 24th, the benchmark price of acrylic acid in Shengyishe was 6825.00 yuan/ton, which is the same as last week’s price.
The price of raw material propylene has been on a downward trend. As of April 24th, the benchmark price of propylene for Shengyishe was 6820.60 yuan/ton, a decrease of 1.21% compared to last week’s (6906 yuan/ton).
This week, the domestic ethanol market continued to show an upward trend, with an increase in market price increases. As of April 24th, the benchmark price of ethanol for Shengyishe was 6000.00 yuan/ton, an increase of 0.62% compared to the beginning of this month (5962.00 yuan/ton).
This week, n-butanol rose first and then fell, with costs maintaining a range of operations. As of April 24th, the benchmark price of n-butanol in Shengyishe was 7883.33 yuan/ton, a decrease of -0.22% compared to last week (7900.00 yuan/ton).
This week, the price of isooctanol has fluctuated and increased. As of April 24th, the benchmark price of isooctanol in Shengyishe was 9760.00 yuan/ton, an increase of 1.42% compared to last week (9620.00 yuan/ton).
The prices of alcohols in the market have fluctuated this week, providing moderate support for the acrylic ester market.
From the perspective of downstream products in the industrial chain;
The trading rate of adhesive tape master rolls in the market has slowed down compared to the previous period, and there has been a decrease in procurement in recent times. Some orders are now being accepted and processed. The order volume of tape master roll enterprises has declined, and the market performance is slightly lackluster. Tape master roll enterprises have accumulated inventory, which is sufficient and has a certain negative effect on prices.
The acrylic acid lotion market is facing a situation of insufficient demand for goods and continuous tightening of profit margin. The market continues to be stable for the time being. The industry lacks confidence in the future market. The downstream is obviously wait-and-see, cautious in entering the market, and the atmosphere of trading and investment in the market is light. It is expected that this situation will continue next week, and the market improvement will be limited.
Overall:
At present, the acrylic ester market is mainly affected by raw materials and downstream demand. Analysts from Business Society predict that the acrylic ester market will continue to be dominated by supply and demand in the short term, and the price fluctuation space may be limited.
| http://www.thiourea.net |