The price of acrylonitrile increased slightly in February

According to the data monitoring of the Business News Agency, the market price of acrylonitrile in February rose in the early stage and slightly consolidated in the later stage. As of February 28, the price of bulk water in the acrylonitrile market was 10500 yuan/ton, up 4.35% from 10062 yuan/ton at the beginning of the month, and the monthly high was 10800 yuan/ton. At the beginning of the month, the price of raw materials rose slightly, the cost drove the bullish atmosphere of acrylonitrile, and the demand for the proper replenishment of acrylonitrile for downstream construction after the festival promoted the price of acrylonitrile; On the one hand, the narrow consolidation of raw material prices in the middle and late ten days lacks strong support on the cost side, and further recovery in the downstream will take time. There is no obvious improvement on the fundamentals, and the narrow consolidation of acrylonitrile prices.

 

PVA 2088 (PVA BP20)

In February, the acrylonitrile unit started operation with a slight fluctuation.

 

In February, the price of raw material propylene was in a narrow range, and the cost of acrylonitrile was supported; The downstream products of acrylonitrile rose and fell, and the overall stability of the construction just needed support for acrylonitrile. According to the monitoring of the Business News Agency, as of February 28, the domestic propylene price was 7470 yuan/ton, down 0.80% from 7530 yuan/ton at the beginning of the month, with a peak of 7695 yuan/ton and a low of 7426 yuan/ton.

 

POLYVINYL ALCOHOL

Since February, the operating rate of downstream ABS has declined slightly, but still remains at more than 85%, which has just needed support for acrylonitrile; Polyacrylamide and nitrile rubber are basically stable in operation, with a small demand for acrylonitrile.

 

Aftermarket forecast: the acrylonitrile analyst of the business agency believes that on the one hand, the cost of acrylonitrile still has support, on the other hand, the current demand just needs strong support, and the market is still bullish; It is expected that the acrylonitrile market will rise again after consolidation.

 

http://www.polyvinylalcohols.com

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