The Price Of Acrylonitrile Continued To Decline In June, And The Atmosphere Was Strong.

Entering the June, the spot price of acrylonitrile continued to decline, and the atmosphere of the atmosphere was strong, and the trading atmosphere continued to be tempered.

Up to now, Shandong's acrylonitrile spot delivery has been below the level of 13000 yuan / ton, and some of the trading quotas have been followed up to 12500 yuan / ton. The cost of business is expected to be higher. Some businesses are careful to offer the offer, or maintain contract order sales. The spot market is temporarily closed. Factory prices slow down slowly, triggering wait-and-see sentiment.

Explore the reasons for the downward price of acrylonitrile this month, supply and demand is still an important factor that can not escape.

Recent domestic and overseas acrylonitrile plant maintenance schedule

From the recent maintenance plan of acrylonitrile plant at home and abroad, the news of domestic maintenance is frequent, and the supply side support is quite similar to that of the previous stage. Although the American Green Lake device will be restarted in July, and the maintenance of acrylonitrile plant in Asia is continuing, the supply of acrylonitrile is relatively tight in foreign countries, and the terminal demand in the domestic summer is poor.

In particular, from the perspective of acrylic fiber, the Hangzhou Bay acrylic fiber plant is still in the maintenance facility, and other factories start up to 5-7, and the overall capacity utilization rate of the industry keeps 5-6. Moreover, after the opening of the raw material acrylonitrile downstream channel, the downstream yarn and textile customers of acrylic fiber are expected to continue to expect the acrylic fiber to bearish. At present, the enthusiasm of raw material procurement is scarce. The industry has been watching the latest price changes of acrylic fiber in order to avoid the risks brought by high cost.

Although the ABS industry has only minor repairs to raw materials such as Jilin petrochemical and other factories, the overall demand for acrylonitrile is relatively stable. However, the price of products has maintained a downward trend in recent months, and factories are becoming more and more aware of the conflict of high priced raw materials.

In terms of amide, acrylamide crystal has been rising rapidly in recent years, but the terminal demand has not been followed up. The profit space has been gradually reduced by factories' strong stimulation, and the enthusiasm of factory start-up has declined. While the price of raw acrylonitrile is rising, the profits of polyacrylamide products continue to be squeezed. Recently, the price of acrylonitrile is weakening. The terminal factory has a clear view of the empty mentality, and the turnover is not prosperous.

Through the recent analysis of the price trend of acrylonitrile, we can see that under the continuous downward trend of acrylonitrile prices, the lower reaches of the market will not buy or rise, and the trading will not be good enough, and downstream factories will also face the downward risk of prices. In addition, the 2 phase of the new phase of Jiangsu's new plant plan has been put into operation in the 3 quarter. The new capacity release is expected to be even worse than the summer terminal demand, or the acrylonitrile will continue to see the air atmosphere, and the price of acrylonitrile will continue to oscillate downward.