Tight Spot Market Supply, Acrylonitrile Prices Rising Gradually In Early March

In March, the supply of acrylonitrile was tight, and the price of domestic acrylonitrile continued to rise.

In mid February, the British force 280 thousand tons / year announced a force majeure with the green lake 545 thousand ton / year acrylonitrile plant. According to the factory related information, it will affect its 4-5 month acrylonitrile contract supply.

At the same time, the external supply of acrylonitrile was tight, and foreign manufacturers' enthusiasm for China's acrylonitrile supply enquiries increased.

According to relevant statistics, up to now, the Shanghai port's acrylonitrile port outlet price reference is 12700 yuan / ton, the East China port is very few, and the business quotation is near 12800 yuan / ton or even the high price; Shandong middlemen quotation goes on the market, the current paction center of gravity gradually follows up, the manufacturer's trading optimism remains, and the market outlook is still no lack of bullish mentality.

According to sources, Shandong Hai Jiang's 130 thousand ton / year acrylonitrile plant stopped at the weekend, and has not been restarted yet, with 200 thousand tons of ABS production equipment downstream.

Since the beginning of the year, the Shandong Hai Jiang acrylonitrile plant has been the second emergency stop. Whether the emergency stop will cause the factory to overhaul, the manufacturer has no clear announcement and needs to continue to follow up.

From the downstream main production sectors, although some of the downstream factories of ABS are slow to resume work, their mainstream plant operation is stable, and the rhythm of acrylonitrile purchase is stable. Orders for the terminal textile factories of the acrylic fiber industry are different, and there is no obvious favorable news to boost. The industry starts with a reference of 7%.

The mainstream downstream factories have stable demand and are mainly purchasing acrylonitrile on demand.

As for the current downstream and even terminal demand recovery, it is now in early March. However, the demand recovery status of each terminal is still unsatisfactory, which restricts the domestic demand of acrylonitrile to a certain extent.

According to relevant understanding, at present, the mainstream factories have no obvious inventory pressure. The multiple stimuli of internal and external news will aggravate the price mentality of acrylonitrile manufacturers. It is expected that prices will continue to push up in the short term and pay attention to the dynamics of manufacturers.