Acrylic and Ester Monthly Bulletin (September 2018)

September 2018 Butylacrylate market Review

In September, the domestic market of butyl acrylate slow rise trend, by the end of the month, east China market price of butyl acrylate close near 10600-10700 yuan/ton, butyl acrylate acrylic raw material and butanol this month cost prices support strength is relatively substantial, including propylene prices climbed to record highs in the past five years, are of butyl acrylate manufacturers improve obviously cost pressure, However, from last year's average price can be seen that the price of butyl acrylate dropped significantly compared with last year, and the price rise in the month is not easy, the offer depends on manufacturers to actively promote and business speculation to take advantage of the trend, downstream demand in the face of butyl acrylate long-term purchase stock drive limited.

Acrylic acid and Ester Market Outlook in October 2018

In October 2018, the domestic acrylic acid and ester industry chain market is expected to increase the offer after the National Day market, is expected to maintain a firm price trend before the middle of the second half of 2018, or due to the impact of continued demand driving force and shock consolidation. Is expected in October, can supply or because device parking situation and maintain a positive effect, and the cost of the raw material surface propylene and butanol pressure is expected to maintain in October, demand side after National Day, downstream factories gradually restore starts, however, affected by the atmospheric pollution control measures such as qiu dong season, part of the water reducing agent and coating industries or starts to keep in a nearby, Keep the consumption rate of acrylic acid and ester flat. Therefore, it is expected that in October, the domestic acrylic acid and ester industry chain may maintain the trend of rising first and then stable consolidation, and we need to wait and see the downstream factory inventory consumption and order volume increase. It is recommended that holders exercise caution.

(Credit: Jin Lianchuang)