1、 Price trend:
According to the price chart of business news agency, as of June 24, 2021, the domestic reference price of acrylonitrile remained at 14930.00 yuan / ton, which was the same as the price of the previous working day. Compared with last Friday, the price decreased by 0.33%, and compared with May 24, the price increased by 4.26%
2、 Market analysis
After entering June, the transaction price of acrylonitrile market increased gradually. On June 10, the price stabilized at 15040.00 yuan / ton, and began to shake in a small range. On June 24, the price remained at 14930.00 yuan / ton. This month, the market is still stable, the factory quotation is relatively strong, the ex factory price of Jiangsu silbang is stable, the price of Jilin Petrochemical is rising, and the dealer quotation is relatively stable.
upper reaches:
According to the price chart of the business club, after the Dragon Boat Festival, Shandong propylene market was put into operation, and the market turnover rose to 7600 ~ 7900 yuan / ton, with the mainstream price around 7900 yuan / ton. Mainstream manufacturers offer unchanged, low-end prices increased. Propylene market is expected to rise in the near future.
Downstream:
Since June, the NBR market has fluctuated in a narrow range, and the overall trend of NBR is rising first and then falling in a small wave. Business analysts believe that the relative pressure on the supply side is not big, and the price has dropped sharply in the early stage, so it is expected that the NBR market will be stable in the later stage.
According to the data of business club’s block list, the spot price of ABS was weak and volatile in early June, and the spot price was generally reduced. The trend of raw materials is mixed, and the support of ABS cost side is general. At present, it is the off-season of ABS industry, the demand of end-users is shrinking, and the shipping resistance of enterprises and businesses is increasing. ABS analysts of business cooperatives believe that the recent ABS spot market may continue to be short.
3、 Future forecast:
Acrylonitrile analysts of business news agency believe that: the current acrylonitrile market is stable, the driving force of upstream propylene cost is not strong, the downstream ABS is weak and volatile, the supply and demand fundamentals of NBR are acceptable, and the polyacrylamide market is stable. It is expected that the trend of acrylonitrile market will be stable in the later period. It is suggested to watch carefully and pay more attention to the factory settlement and downstream device dynamics.
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