Acrylonitrile Market Bad Profits Gathered After The Market Is Not Optimistic.

In late June, the acrylonitrile market rebounded slightly under the support of plant maintenance, factory production and price protection and market speculation.

However, this rebound lacks the support of subsequent forces, and the factors causing the market failure of acrylonitrile have not changed. The market of acrylonitrile is still not optimistic.

acrylonitrile

The fundamental reason is that the demand of downstream enterprises is difficult to quantify.

At present, due to the off-season and the economic environment, the downstream acrylic fiber market is declining.

The domestic acrylic fiber plant started to run at around 6 per cent, and acrylonitrile was used as raw material.

Enough.

Although the ABS market has been affected by the slight increase in raw materials, the market has been rising at a relatively short time, but there is no sign of improvement in the market turnover atmosphere, and the stalemate continues.

The operating rate of enterprises is generally low, and the market source of goods is slowly digested.

The price of acrylamide market is increasing, but the actual follow-up is slightly weak.

Mainstream manufacturers of acrylamide started 5~6, some manufacturers are still high inventory, it is difficult to effectively enhance the acrylonitrile market.

The supply of acrylonitrile is increasing under the situation of lower demand.

At present, acrylonitrile manufacturers in China start up about 7 of the total.

With the start-up of Jilin petrochemical and Fushun petrochemical plant, the oversupply of products is a foregone conclusion.

At the same time, the macro face is constantly losing.

Data released in July 9th showed that PPI fell by 2.1% in June 2012, a new low since 2009 December.

This aspect fully shows the current situation of insufficient demand, on the other hand, it also reflects the low level of economic prosperity and the continuous decline of corporate profits.

At present,

The deep economic impact is continuing, and the global economic recovery is weak. The domestic economic operation is shifting from external to internal independent growth, showing the decline of growth rate, narrowing of profit margins, intensification of market supply and demand, and the balance of economic operation is very fragile.

To sum up, the market of propylene acrylonitrile is gathering and the market outlook is not optimistic.

In the near future, domestic acrylonitrile manufacturers are supported by cost side, and the measures to limit production and price protection continue, and there has been a wave of rebound.

However, the terminal demand is difficult to recover in the short term, the actual volume is difficult to enlarge, and the improvement is not sustainable.

Due to the current price approaching the cost line, the market outlook is also limited, and consolidation will become the mainstream.