Bottom Of Domestic Acrylic Fiber Market

Domestic acrylic fiber market is narrowing.

domestic

Market stalemate

Although the acrylonitrile plant Limited production maintenance, but the purchase intention of downstream buyers is not boosted, the market trading atmosphere is limited, manufacturers are still low in production and marketing pressure, and at the same time, raw material prices down and down, the market bearish wait-and-see mentality remains, the market trend is light, acrylic 1.5D short fiber reported 16800-17200 yuan / ton.

Domestic pan acrylic market spot talks atmosphere is flat, factory device start up is not high, production and marketing trend is difficult to grow, but manufacturers quotations continue to be stable, market consolidation is the main, 3D silk tow spot quoted price in 16700-17300 yuan / ton, domestic acrylic wool market downstream yarn in the off-season increased sentiment, device start-up is weak, raw material procurement wait and see is the main, 3D wool top spot quotation at 17700-18300 yuan / ton.

The market atmosphere of the external pan acrylic market is still light, and the price of ordinary acrylic products is more than 2.35-2.4 USD / kg. However, as the domestic market is still looking and waiting, the buyer is cautious about the price. Meanwhile, the price of acrylonitrile is weak and the cost of acrylic fiber continues to decline.

Domestic acrylic fiber market is narrowing and consolidation. Although manufacturers' quotations are stable and limit production maintenance continues, but due to lack of positive support for market confidence, they are still cautious about the expectations of future market, and the demand for purchase is difficult to enlarge.

Short term market wait-and-see mentality is still more, stabilisation support needs to be further strengthened, short-term trading is still mainly on demand, and manufacturers' production and marketing trend has not been lifted, and needs improvement is needed.

Demand for acrylonitrile in the Asia Pacific region is still weak, acrylic market is still low consolidation.

Asia this week

Spot prices remain stable and demand is thin.

In Northeast Asia, concerns over the deterioration of the European debt crisis and the slowdown in China's economy continue to suppress the spot market for acrylonitrile.

In July, the price for deep water cargo was $1550 (CFR, Northeast Asia), but the details were unknown.

Due to falling demand and ample supply, Chinese buyers' intention to purchase the new July cargo fell below 1500 US dollars (CFR, Northeast Asia).

China's domestic market price fell 1000 yuan to 11500 yuan (Koti).

Domestic acrylic market market prices are greatly reduced by manufacturer settlement, or continue to explore, but as prices fall to low, manufacturers continue to adjust the space vanish, market bottom or initial, buying demand or support, but due to the lack of orders in the downstream market, short-term market sustained demand boosts or limited, the bottom of the market bottom still need market support.

The market of acrylic fiber in China has been greatly explored.

China's Acrylic market has been greatly explored because of the dual impact of the sharp decline in international crude oil prices and weak market demand.

At the bottom of the market, cost support is increasing, or confidence in buying is boosted.

However, as the downstream yarn of acrylic fiber is temporarily off season and the macro-economic trend is still uncertain, the support for the downstream market of acrylic fiber is still hard to find. Due to this restriction, the buying and selling of acrylic fiber is restricted.