According to the bulk list data of business society, as of March 11, the average quotation price of acrylic acid in East China was 16100.00 yuan / ton, up 0.41% from Monday, 2.54% from February 11, and 8.28% year-on-year in a three-month cycle.

The market price of acrylic acid rose slightly this week. Recently, the price of raw propylene has been running at a high level, with obvious cost pressure. Some units on the supply side have been shut down for maintenance, the supply has shrunk, and the downstream demand is gradually recovering. The operator’s mentality is cautious, the market negotiation is mild, and the price focus is high.

Upstream propylene, according to the data monitoring of business society, the reference price of propylene was 9170.50 on March 10, up 8.73% compared with March 1 (8433.83).

According to the acrylic acid analyst of business society, at present, the price of raw propylene is high, the cost support is still strong, some units are shut down for maintenance, and the downstream just needs to follow up. It is expected that in the short term, the acrylic acid market may operate at a high level, and more attention should be paid to the guidance of market news.