This week (12.23-12.30), acrylonitrile market was weak and consolidated. According to the data monitoring of the business community, the bulk water price in the acrylonitrile market was 9625 yuan/ton as of December 30, a slight drop of 0.16% compared with 9640 yuan/ton last Friday. At the end of the month, some manufacturers issued settlement prices, which were about 1600 yuan/ton lower than that in November. At present, the self lifting price of acrylonitrile is 9500~10200 yuan/ton.

This week (12.23-12.30), the raw propylene market declined slightly, and the cost of acrylonitrile declined slightly. According to the monitoring of the business community, as of December 30, the domestic propylene price was 7244 yuan/ton, down 1.82% from 7378 yuan/ton last Friday. In late December, due to the impact of domestic public security events, transportation and manpower were affected, and the offer of propylene continued to fall.

This week, the load of the downstream ABS industry was basically stable, and the supply pressure of enterprises remained and the factory price was under pressure. Acrylic fiber, butyronitrile and other enterprises started to work stably, and their demand for acrylonitrile was just in need of support, but the increase was not obvious.

Future forecast: acrylonitrile analysts from the business community believe that the cost of acrylonitrile has dropped slightly at present, and there is no significant increase in downstream demand, but the pressure on the supply side has eased slightly. It is expected that the acrylonitrile market will be consolidated in a narrow range in the future.