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Acrylonitrile price remains stable in Asia, US

Asian acrylonitrile prices rolled over in the last week of March. In China, offers for offshore cargoes were stable while Indian ACN prices remained unchanged on the week.

Acrylonitrile prices in Asian markets held stable as upstream propylene markets remained sluggish while downstream demand was stable. Traders reported less satisfactory sales, and had little intention to pick up volume. Low priced goods were thus more available. ASF suppliers ran at high capacity, with stable prices amid weak demand. ABS also held stable amid insipid trades while offers for acrylamide remained flat.

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Acrylonitrile price hits 25-month high in US

Asian acrylonitrile prices were flat in the fourth week of March. In China, offers for offshore cargoes were steady while Indian ACN prices rolled over on the week.

Acrylonitrile prices were stable to up across regions that week. South Asia prices rose amid supply tightness while they rolled over in Far East. In China, ACN spot prices held stable as higher monthly settlements from Sinopec supported market confidence, given softening propylene and acrylic fiber market entering seasonal lull and market outlook less encouraging.

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Acrylonitrile prices rise on tight supply

Asian acrylonitrile prices again gained US$20 a ton CFR Far East Asia in the third week of March while Southeast Asia was up US$70 a ton on the week. In China, offers for offshore cargoes were steady while Indian ACN prices gained US$30 a ton on the week.

Acrylonitrile prices continued to rise for the seventh week in succession in Asian markets due to tightness in supply on turnarounds and lack of feedstock. In China, spot prices held stable while discussions lifted despite sellers offering flat on insipid trades.

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Acrylonitrile price gains in Asia, US

Asian acrylonitrile prices gained US$20 a ton CFR Far East Asia in the second week of March while Southeast Asia was up US$40 a ton on the week. In China, offers for offshore cargoes were up US$40 a ton during the week while Indian ACN prices were flat on the week.

Acrylonitrile prices continued to increase across regions, with spot prices in Asian assessed higher from the previous week on firm demand and tightening supply. Taiwan's CPDC plans to shut its plant in end-March while Taiwan's Formosa restarted its plant on Monday.

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Acrylonitrile price hits a 2-year high amid tight supply

Asian acrylonitrile prices surged US$50 a ton CFR Far East Asia in the first week of March while Southeast Asia was up US$10 a ton on the week. In China, offers for offshore cargoes were up US$10 a ton while Indian ACN prices were flat on the week.

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Acrylonitrile price climbs on high propylene cost

Asian acrylonitrile prices increased US$30 a ton CFR Far East Asia and Southeast Asia in the last week of February. In China, offers for offshore cargoes were flat while Indian ACN prices rose US$20 a ton on the week.

Acrylonitrile prices in Asian markets were driven up again by tight supply and high propylene cost. Shanghai Secco shuts its plant for turnaround from 20 February 20 to 25 March for maintenance.

In China, spot prices continued to climb after one major announced monthly settlement higher, which fueled spot again and players were expecting further hikes.

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Acrylonitrile price jumps amid tight supply

Asian acrylonitrile prices jumped US$50-70 a ton CFR Far East Asia and Southeast Asia in the third week of February. Indian ACN prices surged US$50 a ton on the week.

Acrylonitrile markets sentiment in Asia remained firm that week on the back of turnaround-led supply tightness. In China, availability remained limited, and sellers were in no hurry to sell. China's Shanghai Secco Petrochemical will shut its 260,000 ton a year ACN plant in Caojing from February 20 to March 25 for maintenance.

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Acrylonitrile prices surge amid turnaround season

In the second week of February, Asian acrylonitrile CFR Far East Asia and Southeast Asia prices jumped 3-5% on the week. Asahi Kasei nominated ACN contract price for February which was up US$130 a ton CFR Far East from January. In India, ACN prices surged US$250 a ton on the week.

Acrylonitrile prices in Asian markets surged ahead of turnaround season in the second quarter and looming maintenance limited supply. Feedstock propylene cost also rose supporting downstream derivatives.

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Acrylonitrile prices surge in US, Europe

In US, acrylonitrile spot rose in the first week of February after feedstock climb as January propylene contract was settled up. Thus, feedstock gains applied upward pressure. US acrylonitrile export assessment rose US$90 a ton FOB USG on the week.

In Europe, short supply with limited imports from US and higher production with propylene rising acrylonitrile spot prices were assessed 7% up on the week. European acrylonitrile spot prices were up US$90 a ton CIF ARA on the week.

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Acrylonitrile prices surge amid rising propylene cost

Asian ACN prices surged US$5-20 a ton CFR Far East Asia in the last week of January while Southeast Asia gained US$5 a ton on the week. In India, ACN prices held stable at lower end during the week.

Acrylonitrile prices surged again that week on tighter supply and rising feedstock propylene cost. However, weakening demand for downstream acrylic fiber limited the hike. Asian prices rose slow towards holiday period as ABS sentiment improved a bit while acrylamide prices remained unchanged.

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

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