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Acrylonitrile Domestic Market Weak and Stable
May acrylonitrile market weak and stable. The supply side of the domestic acrylonitrile industry is still loose, the market report slightly adjusted. As of May 31, the price of acrylonitrile was 11460 yuan/ton, down slightly from the beginning of the month by 0.87%.
May raw material propylene prices first rose and then fell, cost support from strong to weak. The downstream ABS industry started at around 90%, the acrylic industry started at around 70%, and the acrylamide industry started at around 60% to 70%. The demand for acrylonitrile has a certain rigid need to support.
Acrylonitrile imports decreased and exports increased significantly.
of imports: according to customs statistics: in May 2022, China imported 5,100 tons of acrylonitrile, with an import value of 9.0097 million US dollars, with an average monthly import price of 1763.82 US dollars/ton. The import volume decreased by 36.06% compared with the previous month, decreased by 40.99% compared with the same period last year, and the import amount decreased by 58.94% compared with the same period last year.
Figure 1 Comparison of import and price of acrylonitrile from 2020 to 2022
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