Recently, The High Price Fluctuated Slightly, And The Acrylonitrile Market Remained Stable

1. Price trend:

As of June 24, 2021, the domestic reference price of acrylonitrile remained at 14930.00 yuan / ton, which was the same as that of the previous working day, decreased by 0.33% compared with last Friday, and increased by 4.26% compared with May 24

2、 Market analysis

After entering June, the trading price of acrylonitrile increased gradually. On June 10, the price stabilized at 15040.00 yuan / ton, which began to fluctuate in a small range, and maintained at 14930.00 yuan / ton on June 24. This month, the market is still stable, the factory quotation is relatively firm, the ex factory price of Jiangsu silbon is stable at present, the price of Jilin Petrochemical is increased, and the quotation of dealers is relatively stable.

Upstream: after the Dragon Boat Festival, Shandong propylene market was reorganized and operated. The market turnover rose to 7600-7900 yuan / ton, and the mainstream price was about 7900 yuan / ton. Mainstream manufacturers remain unchanged, low-end prices rise. The propylene market is expected to rise in the near future.

Downstream: since June, the NBR market has fluctuated in a narrow range, and the NBR as a whole shows a dynamic trend of first rising and then falling. Business agency analysts believe that the relative pressure on the supply side is not large, coupled with the early price has dropped significantly, it is expected that the nitrile rubber market will be stable in the later stage.

In the first ten days of June, the spot price of ABS was generally lowered. The trend of raw materials is not uniform, ABS cost side support is general. At present, it is the low season of ABS industry, the demand of end-users is shrinking, and the shipping resistance of enterprises and businesses is increasing. ABS analysts of business agency think that ABS spot market may continue to be empty in the near future.

3. Future forecast:

Acrylonitrile analysts believe that: at present, the acrylonitrile market is stable, the driving force of upstream propylene cost is not strong, the downstream ABS is weak and oscillatory, the supply and demand fundamentals of NBR are fair, the polyacrylamide market is stable, and it is expected that the trend of acrylonitrile market will be stable in the future. It is suggested that we should be cautious and pay more attention to the factory settlement and downstream device dynamics.