Acrylic acid and ester market out of the doldrums, prices rose sharply, acrylic acid prices rose by more than 10.45%, butyl acrylate prices rose by 9.09% ~ 10%. At present, the market entered the consolidation phase, East China acrylic acid, butyl acrylate prices of 7400 ~ 7500 yuan (ton price, the same below), 8300 ~ 8500 yuan, both down about 50 yuan.

　　"The introduction of national policies and initiatives to stimulate terminal demand continue to land, will boost the overall mood of the market, trading activity to get up, is expected to boost acrylic acid and ester market continues to be high, there is no risk of a significant decline for the time being." Li Li, an analyst at China World Information, analyzed that.

　　Manufacturers control goods to support prices

　　Shandong Ruiyang Chemical Trade Co., Ltd. general manager Wang Chunming introduced, a week before the Labor Day, the domestic acrylic acid and ester market market narrowly down. Since then, the acrylic acid and ester market has been gaining vitality, and against the backdrop of low spot inventory, the market has maintained limited operation, gradually pushing the center of gravity of the quotation progressively upward.

　　From the supply point of view, according to the incomplete statistics of Goldlink, the second phase of Shanghai Huayi plant gradually increased its load at the beginning of May, and the current overall operating rate is maintained at about 60%; Yantai Wanhua acrylic acid and ester plant gradually resumed operating in the first half of May, and the overall load is limited; Ningbo Formosa acrylic acid and ester plant resumed operating at the end of April, and the general acid plant resumed production in two lines, and the butyl plant load is about 40%; Yangzi BASF acrylic acid and ester plant in May for 45 days of maintenance.

　　"There are still plans to stop the plant later, and the overall start-up rate of the acrylic acid and ester industry will remain low, coupled with the consciousness of manufacturers to control the goods to support prices, the market is expected to remain high later." Goldlink analyst Zhang Dandan believes.

　　Raw material support still exists

　　From the point of view of raw materials propylene, the recent tight market supply and price increases, bringing some cost support to the acrylic acid and ester market.

　　On the downstream side, Wanhua Chemical's 750,000 tons/year PDH plant entered into maintenance on May 14 ahead of schedule, and it needs to harvest propylene to keep its downstream devices running. In addition, most of the downstream products have sufficient profit margin and some of the downstream units have increased their operating load, so the enthusiasm of purchasing propylene is increased.

　　On the supply side, Shandong refinery propylene inventory continues to be low, and individual refinery device fluctuations in the early days, the field supply is limited, coupled with limited supplementation of imported sources, supply tension has not been effectively alleviated, propylene prices, the cost side of acrylic acid and ester market to play a pulling role.

　　Look at another raw material n-butanol, its market is also stable in the firm. At present, n-butanol factory product inventory is low, to deliver pre-contract orders, downstream factories to maintain just demand for procurement, field transactions are mostly small single, the market upward momentum is missing, the main trading cautious, downstream and terminal follow up slightly slow, the field slowed down the rise.