Analysis on the recent trend of the hottest domest

2022-10-13
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Analysis of the recent trend of the domestic butyl acrylate Market

domestic market

the use of such products from last week to this week is often guaranteed. At the beginning, stimulated by the crazy rise of raw butanol, the butyl acrylate market will follow closely, otherwise it will be synchronized later: as of this Tuesday, the quoted price of domestic factories has increased by about 3500 yuan/ton compared with the beginning of last week, and the inventory of each factory is limited; Domestic markets are rising rapidly, and there are not many spot resources. After a week of closing and after-sales, traders have expressed their intention to ship on Tuesday, quoting yuan/ton, but the actual transactions are limited, and some actual transactions are mostly concentrated in the low-end price; Downstream buyers have great resistance to the rapidly rising price of raw materials, and it is not easy to raise the price of their own products due to fierce market competition. Therefore, some manufacturers in pulp, coating, tape and other industries are forced to slightly reduce the operating rate of resin curing on them when the cost increases sharply

the local market in East China jumped sharply last week. In the first half of the week, there was a strong atmosphere of searching for goods in the trading malls. In the second half of the week, stimulated by the continuous rise in the manufacturer's quotation, most of the people who closed the offer and were reluctant to sell, and the quotation of a few cargo holders also rose to more than 18000 yuan/ton. The actual high-level takers of downstream buyers are limited. At the beginning of this week, driven by the manufacturer's quotation continuing to rise, the mainstream quotation of local traders also rose to yuan/ton. The high-end price is temporarily ignored, and some actual transactions can reach yuan/ton. Downstream buyers have obviously bred resistance, and the actual transactions on the floor are limited

in the South China market last week, the local market was short of spot resources. With the strong support of the raw material butanol, the atmosphere on the floor was warm. By the end of the weekend, the manufacturer's quotation had jumped repeatedly, causing the holders to close more orders and wait-and-see, and a few quotations also climbed to about 18000 yuan/ton. At the beginning of this week, the mainstream quotation in the local market rose to 18500 yuan/ton, with great transaction resistance. Some actual transactions were slightly lower than yuan/ton. The local spot resources are still limited. The fatigue life test system with wide range of utilization, reliable performance and low operation cost was delivered in the middle of the month, and the plan was postponed to the latter ten days for some reasons

the spot resources in the local market in North China market were tight last week. With the strong support of raw material butanol, the atmosphere on the floor was warm. As of this Tuesday, the manufacturer's quotation had jumped repeatedly, making the holders wait-and-see, and a few quotations also rose to about 18000 yuan/ton. At the beginning of this week, the mainstream quotation in the local market continued to rise to yuan/ton, and the downstream receiving was stable

from last week to the beginning of this week, driven by the sharp rise in the manufacturer's quotation, the local market also rose significantly. As of this Tuesday, the mainstream quotation of traders gradually rose to about 18300 yuan/ton. There is still great resistance to the actual transaction, and the enthusiasm of downstream buyers to receive goods was seriously frustrated by the high price

manufacturers

last week, domestic butyl alcohol, driven by the strong rise of raw material butanol, significantly increased its product quotation to pass on cost pressure, with a weekly increase of about 2500 yuan/ton

outlook

at present, the inventory of butyl alcohol plants is limited, and the raw material butanol may still follow the rising trend in the near future due to inertia, so it is expected that butyl alcohol will still rise this week. However, in the face of the sharp jump in butyl alcohol within a week, its downstream plants have shown obvious fatigue, so in the absence of downstream support, the rising space is also expected to be relatively limited

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