1. Market Overview
This week, the acrylic acid market showed a supply-demand game, and the overall operation remained stable. On the supply side, some manufacturers adjusted their production plans to cope with changes in market demand; on the demand side, the procurement strategies of downstream users also showed a certain degree of flexibility.
As of May 13, the benchmark price of acrylic acid in Sino-Sino dropped by -0.44% compared with the beginning of this month. Compared with last week, the fluctuation was smaller. Price fluctuations are mainly affected by factors such as supply and demand, raw material prices, and market competition.
Market mentality: On the supplier side, some manufacturers are optimistic about the future market due to less inventory pressure, while some manufacturers are cautious about the future market due to insufficient market demand. On the downstream user side, affected by factors such as procurement costs and market competition, procurement strategies have shown a certain degree of flexibility.
2. Supply side
This week, the price of the main raw material of acrylic acid was relatively stable, with a small fluctuation. As of May 13, the benchmark price of propylene in Sinochem increased by 1.79% compared with the beginning of this month. The impact on the production cost of acrylic acid is limited.
3. Demand side
Downstream demand: This week, the overall demand for acrylic acid downstream was stable, and some areas such as coatings and SAP industries showed certain growth potential. Driven by the recovery of real estate completion, the coatings sector has increased its purchase volume; the SAP industry has seen a decrease in orders due to the off-season demand for diapers.
Export situation: This week, the export volume of acrylic acid remained stable, and some manufacturers digested domestic excess capacity by expanding overseas markets. In terms of export prices, affected by international market competition, the export price of acrylic acid fell slightly this week, but remained at a reasonable level.
4. Future Outlook
Looking ahead, the acrylic acid market will still face the challenge of supply and demand game. On the supply side, manufacturers need to continue to optimize production plans, reduce costs, and improve product quality; on the demand side, downstream users need to actively explore the market and increase product added value. Therefore, market participants need to pay close attention to market dynamics and policy changes in order to formulate more scientific and reasonable market strategies.
In summary, this week, the acrylic acid market maintained stable operation under the supply and demand game. The future market will still face many challenges and uncertainties, and market participants need to respond flexibly.
Post time: May-14-2025