The Supply And Demand Side Is Still Weak, And The Growth Of Acrylonitrile Is Stagnant

After the market price of acrylonitrile rose briefly to 7800 yuan / ton in early August, the consolidation situation has been maintained. Although Haijiang in Shandong was shut down, one line of Jilin Petrochemical Company was shut down, and one line of Shanghai Secco was temporarily overhauled, Jiangsu silbon plant was gradually restored, and Zhejiang Petrochemical was relatively stable in operation. Overall, acrylonitrile supply was still abundant in August.

Summary of current operation of domestic acrylonitrile manufacturers

Source: Longzhong information

At present, the average operating rate of acrylonitrile enterprises is around 81%. It is estimated that the total domestic output in August will be 184100 tons, a decrease of 11000 tons compared with the previous month, with a decrease rate of 0.59%. In August, the overall average operating rate of acrylonitrile enterprises is estimated to be 79%, which is basically the same as that of last month.

From the perspective of demand, ABS industry started nearly 100%, and acrylic fiber enterprises also maintained above 70%, while acrylamide field was in the off-season demand. It is estimated that the total consumption of acrylonitrile in August will reach 192000 tons. Considering the import volume of about 20000 tons, the supply of acrylonitrile market in August was still slightly larger than the demand, and the price also lacked the impetus to continue to rise

     Looking back on the market operation since the beginning of the year, in addition to five In January, the production of acrylonitrile plant was reduced in a large area, and the market was in a state of oversupply. among 2-4 Due to the impact of the epidemic situation, domestic demand shrank in June, and the situation of oversupply was prominent, resulting in a very high level of inventory. and five Demand began to pick up in January, but at the same time, with the release of new domestic production capacity and the impact of import volume, the market oversupply situation is still prominent. eight Since January, due to continuous losses, some acrylonitrile manufacturers have taken measures to limit production. The supply and demand side of the market has improved, but it is still difficult to give market upward momentum. In the context of oversupply, it is expected that two thousand and twenty In the following years, acrylonitrile enterprises will still be in the state of production restriction and price protection.