Acrylonitrile prices remain steady across all regions

Acrylonitrile prices in Asian markets were range-bound in the first week of October underpinned by scarce global supply.

China’s PetroChina Jilin is planning to shut its ACN plant for maintenance in end-October which has 452,000 tons per year of production capacity.

In US, spot ACN prices were steady on the back of firm feedstock cost during the week.

In Europe, ACN spot prices were unchanged in the week while ACN contract settlers were in a process of negotiating the October contract price during the European Petrochemical Association (EPCA) meeting.

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Acrylonitrile prices hike amid global supply crunch

Asian acrylonitrile prices rose US$20 a ton CFR Far East Asia in the week ended 3 August 2018 while CFR South East also jumped US$20 a ton. In China, offers for offshore cargoes were up US$50 a ton while prices in India surged US$50 a ton during the week.

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Acrylonitrile prices stable across all regions

Asian acrylonitrile prices were stable in the first week of January. In China, offers for offshore cargoes were flat on the week while prices in India were firm during the week. Acrylonitrile prices in Asian markets were stable that week despite surging feedstock prices.

China’s acrylonitrile imports in November 2017 grew 19% to 21,967 tons as compared to October 2017.

Shanghai SECCO is planning to shut its 520,000 tons per year ACN unit in September 2018 for maintenance.

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Acrylonitrile price declines in Asia, US

Asian acrylonitrile markers, CFR Far East and South East Asia were both down US$10 a ton in the second week of December. In China, offers for offshore cargoes were flat on the week while prices in India were stable.

Acrylonitrile prices in Asian markets fell that week despite strong propylene market. Prices were pressured by increasing availability in the region. PetroChina Jilin is planning to shut its 452,000 tons per year ACN plant for maintenance by April-May 2018.

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Acrylonitrile price falls on increasing supply

Asian acrylonitrile prices fell US$11 a ton CFR Far East Asia in the first week of December while CFR South East was also down US$10 a ton on the week. Acrylonitrile prices in Asian markets fell that week despite high upstream cost as supply in the region was increasing week on week.

In China, offers for offshore cargoes were flat on the week while prices in India were largely stable. Indian imports of acrylonitrile in September 2017 rose 35% to 10,239 tons as compared to same month last year.

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Acrylonitrile prices rise across all regions

Asian acrylonitrile prices were up US$75 a ton CFR Far East Asia in the last week of August while CFR South East rose US$45 a ton. In China, offers for offshore cargoes were flat on the week at US$1,500-1,550 a ton while prices in India were at US$1,400-1,450 a ton.

Acrylonitrile prices in Asian markets rose on high propylene cost and limited product availability in the region. ACN prices surged overwhelmingly with little resistance, which makes it hard to predetermine the peak.

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Acrylonitrile price declines in Asia, US

Asian acrylonitrile prices declined in the first week of August with CFR Far East Asia down US$10 a ton while CFR South East fell US$5 a ton. Acrylonitrile prices were down in Asian markets despite high upstream cost while active purchasing was witnessed in the markets during the week.

China’s Jiangsu Sailboat Petrochemical postponed the maintenance at its 260,000 ton a year acrylonitrile plant at Lianyungang in Jiangsu province amid improved margins. Meanwhile, India’s import of acrylonitrile reduced by 29 per cent year on year to 5,660 ton in May.

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Acrylonitrile prices plunge on ample supply

Asian acrylonitrile prices edged down US$1 a ton CFR Far East Asia in the last week of June while CFR South East fell US$5 a ton on the week. In China, offers for offshore cargoes declined US$50 a ton on the week.

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Acrylonitrile price slumps in Asia, US

Asian acrylonitrile prices declined US$21 a ton CFR Far East Asia in the third week of June while CFR South East was down US$20 a ton on the week. In China, offers for offshore cargoes rolled over during the week.

Acrylonitrile markets in Asia gave back all its previous week’s gains as downstream demand continued to remain lusterless amid increased supply. In China, ACN spots market was stable‐to‐weak and transaction was quiet.

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Acrylonitrile prices rise in Asia, Europe

Asian acrylonitrile prices rose US$21 a ton CFR Far East Asia and CFR South East in the second week of June. In China, offers for offshore cargoes rolled over on the week.

Acrylonitrile prices gained in Far East Asia on tight supply while they remained flat in South Asia, SE Asia. Demand from acrylic fibre market remained low and changed marginally in South Asia and Southeast Asia that week. In China, ACN spot remained weak as demand remained sluggish in the whole.

Related Keywords: Acrylonitrile price in Asia, Acrylonitrile price in Europe, Acrylonitrile price in USA, asf producers, chemical grade propylene

 
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