Acrylonitrile Mill Production And Marketing Poor Overall Start Low

During the month, the acrylonitrile market continued to rise sharply, and the manufacturers in East and North China stopped to check and repair. The spot supply of the market was tightened further. The manufacturers held high prices and the trading volume was up. However, the downstream demand was still limited, and the supply of high priced raw materials was inconsistent.

At the close, Sinopec's East China sales branch quoted 9800 yuan / ton spot price, Qilu Petrochemical's spot price quoted to 10100 yuan / ton, and Fushun Petrochemical acrylonitrile spot quotation was 9800 yuan / ton.

Current upstream

The market is stable, and the maintenance season is gradually ending. The early inspection and repair plants have gradually resumed production. At present, the situation of propylene supply is still tight. The mainstream price of propylene in Shandong area is around 6900-7100 yuan / ton.

The downstream acrylic market is sideways.

The cost pressure has increased sharply.

Poor production and marketing, downstream demand remains to be changed, the acrylic fiber industry as a whole started low, at present, the East China 1.5D short staple price 12050-12700 yuan / ton.

According to the statistics of the General Administration of customs, China imported 31 thousand tons of acrylonitrile in August 2016, an increase of 49.8%, an increase of 25.2% over the same period last year, with an average price of 1130.9 US dollars / ton.

In August 2016, the supply and demand index (BCI) of commodities was 0.26, or 1.58%, reflecting the expansion of the manufacturing economy last month and the smooth operation of the economy.

At present, the tight supply of the market is aggravating. It is not possible to exclude the possibility of a rise. However, there is a lack of favorable support for downstream demand. It is estimated that the market of acrylonitrile will be slow to push up in October, and we need to pay close attention to the changes in the market and supply and demand side.