Recently (12.1-12.12), the acrylonitrile market has slightly declined. According to the Commodity Market Analysis System of Shengyishe, as of December 12th, the bulk price of acrylonitrile in the market was 9862 yuan/ton, a decrease of 1.38% from 10000 yuan/ton at the beginning of the month. At present, the mainstream price for self extraction of acrylonitrile from tanks in the market is between 9700 to 9900 yuan/ton. The prices of raw materials have fluctuated slightly, and the support of costs for acrylonitrile has weakened slightly; Minor fluctuations in downstream ABS production; The production of acrylonitrile units has increased, and the supply and demand side has increased compared to the previous period. The acrylonitrile market requires strong support from inquiries, and prices have fluctuated and stabilized at high levels.
Recently (12.1-12.12), the overall construction of domestic acrylonitrile units has increased to around 70%.
Recently (12.1-12.12), the raw material propylene market has experienced a slight decline due to fluctuations, and the cost support for acrylonitrile has weakened. According to the Commodity Market Analysis System of Shengyishe, as of December 12th, the domestic propylene price was 6983 yuan/ton, a decrease of 1.72% from 7105 yuan/ton at the beginning of the month.
It is understood that as of early December, the downstream ABS production has remained around 7.70%, providing strong support for the demand for acrylonitrile; Recently, the demand for acrylic fiber terminals has continued to be sluggish, leading to a weakening of demand for acrylonitrile; The nitrile rubber plant is operating normally, with slight support for the demand for acrylonitrile; Low starting point for polyacrylamide and other materials. Overall, there is still support for the demand for acrylonitrile, but as the supply of acrylonitrile increases, the acrylonitrile market is gradually under pressure.
Market forecast: Business Society’s acrylonitrile analyst believes that the current supply of acrylonitrile has increased compared to the previous period; The demand side is mainly supported by rigid demand, and the price of raw material propylene has slightly decreased. Overall, it is expected that the acrylonitrile market will experience a narrow consolidation at a high level in the short term.
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