According to the bulk list data of business cooperatives, the average price of acrylic acid in East China as of December 9 was 6700.00 yuan/ton, which was flat compared with the price on Monday and 9.05% lower than the price at the beginning of the month.

Since December, the market situation of acrylic acid in East China has been mainly stable. Some enterprises have lowered their prices. This week, the acrylic acid market is mainly stable. From the perspective of cost, the price of raw propylene has fallen recently, and the cost support has weakened. From the perspective of supply and demand: the market operating rate of some devices has declined, and the spot amount of acrylic acid is low. However, downstream procurement is cautious and just needs. The market atmosphere is flat, and the focus of acrylic acid market negotiation is stable.

Upstream propylene, according to the data monitoring of the business community, the reference price of propylene was 7530.60 on December 8, a decrease of 2.08% compared with December 1 (7690.60).

According to the acrylic analysts of the business community, the current cost support is weak, and the supply side has some support for the acrylic market, but the demand side is cautious. The market transaction is just in demand. It is expected that the acrylic market will be stable in the short term, and more attention should be paid to the market news guidance.