Acrylonitrile market rose sharply in peak season

According to the data monitoring of the business community, the market price of acrylonitrile rose sharply in September. As of September 30, the price of bulk water in the acrylonitrile market was 9870 yuan/ton, up 10.90% from 8900 yuan/ton at the beginning of the month. In September, the domestic acrylonitrile supply increased slightly in a stable way, but the demand and cost were supported, and the offer of merchants was stable in the early stage and later stage. As of September 30, the mainstream offer of acrylonitrile market in East China was between 9600 yuan and 10050 yuan/ton.

 

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In September, the acrylonitrile units such as Silbang, Jilin Petrochemical, Shanghai SECCO, Zhejiang Petrochemical, etc. continued to operate at a reduced load. The acrylonitrile unit in Kolur began to increase to 90% of the load in the middle of the year, and the acrylonitrile supply increased slightly in late September.

 

In September, the raw propylene market rose significantly, and the cost of acrylonitrile was supported stronger. According to the monitoring of the business community, the domestic propylene price was 7620 yuan/ton as of September 29, up 7.32% from 7100 yuan/ton at the beginning of the month.

 

In September, ABS at the downstream of acrylonitrile continued to operate at a high level of 80% to 90%; Acrylic fiber and nitrile rubber industry started stably, and downstream demand continued to support acrylonitrile in September.

 

Future forecast: Acrylonitrile analysts from the business community believe that, on the one hand, there is still pressure for new production of acrylonitrile in the later stage, and on the other hand, costs and demand continue to support; Acrylonitrile market is expected to consolidate at a high level in the later period.

http://www.sulfamic-acid.com

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