American acrylate prices still controversial
Time：2012-11-03 12:42:33 Hits：1649
According to reports, there is news that the U.S. acrylic acid and acrylic esters market in November contract price dispute is very large, there is a certain gap usually buyers and sellers on price is normal, but the sellers contract price will rise 6-8 cents in November/ lb may be more than the usual difficulties, because the buyer is difficult to accept, mainly because acrylate market demand is not strong.
Alleged U.S. acrylic contract price of U.S. $ 1.09-1.13 / lb to maintain the price since September, has for three consecutive months to go flat. Most buyers do not agree with the hope that the idea of cost recovery by the seller, because over the past quarter, the price of the main raw material for chemical grade propylene (CGP) or almost negligible. Chemical grade propylene fell sharply in May and June, but in recent months has been stable, unchanged from July, August, down 1.50 cents / lb in September rose 1.00 cents / lb.
Only two companies - Dow and Arkema announced acrylate prices increased since November 1, or as contracts allow. Some buyers said the expected raw material prices "reason" ridiculous ". Most buyers insist that the efforts of the November price increases will be doomed to fail.
