Acrylic \"Silver Ten\" Dream Difficulty 2019-10-15
Author: Zhao Shuling Source: China Chemical Industry News October 15, 2019 September acrylic acid chain average fell 2.26% compared with August, down 18.98 percent from a year earlier, \"Golden September \" already broken dreams.\"In the later period, with weak demand and sufficient supply, the acrylic market will continue to extend its weakness, and it is difficult to have bright spots, and the dream of\"Silver Ten\" is also difficult to achieve.\"\"Analyst Zhang Jindan of Jinlianchuang believes. Sufficient market supply Wang Chunming, general manager of Shandong Ruiyang Chemical Trading Co., Ltd., said that the main reason for the poor performance of the acrylic acid market is the sufficient market supply. It is understood that the first-stage 60,000 tons/year of Shandong Hengzheng, 160,000 tons/year of Jiangsu Sanmu Taixing, and the 160,000-ton/year acrylic acid plant of Shanghai Huayi New Materials Co., Ltd. were put into production this year. In addition, Shandong Nuoer Acrylic Acid and Arginic Acid Plant products are gradually released to the domestic bulk market. Industry insiders said that enter 10
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