Recently (5.1-5.12), the acrylonitrile market has slightly increased. According to data monitoring from Business Society, as of May 12th, the price of bulk water in the acrylonitrile market was 9862 yuan/ton, an increase of 0.52% from the 9662 yuan/ton at the beginning of the month. At present, the self pickup price of acrylonitrile in the market is between 9700 to 10000 yuan/ton. The weak decline in raw material prices has led to a slight decline in the cost of acrylonitrile, while the demand side is just in need of support. In addition, the shutdown and load reduction of some enterprises have slightly boosted the market atmosphere, leading to a slight increase in the acrylonitrile market.

Since May, the domestic operating rate of acrylonitrile has remained around 6.5%, and the operating load of Fushun Petrochemical has decreased from 90% to around 70%; The acrylonitrile unit of Zhejiang Petrochemical was reduced from full load to 50% load operation at the end of April; Lihuayi Acrylonitrile Plant will be shut down for maintenance in early May; The pressure on the supply side of acrylonitrile has slightly eased.

Recently (from May 1st to May 12th), the raw material propylene market has slightly declined, and the cost support for acrylonitrile continues to weaken. According to monitoring by Business Society, as of May 12th, the domestic propylene price was 6880 yuan/ton, a decrease of 2.44% from 7052 yuan/ton at the beginning of the month.

Downstream ABS prices continue to decline, with industry device starts slightly dropping to around 85%, weakening support for acrylonitrile demand; The domestic nitrile rubber has experienced slight fluctuations, while the price of polyacrylamide has slightly decreased, with weak support for acrylonitrile.

Future Forecast: Business Society Acrylonitrile Analysts believe that the current supply pressure of acrylonitrile has slightly eased, and although there is still a strong demand for support, the demand side is weaker compared to the previous period. In addition, the cost side is declining, and it is expected that the acrylonitrile market will fluctuate slightly in the short term.