Recently (11.1-11.13), the acrylonitrile market has risen. According to the Commodity Market Analysis System of the Business Society, as of November 13th, the bulk water price in the acrylonitrile market was 9937 yuan/ton, an increase of 3.92% from 9562 yuan/ton at the beginning of the month. At present, the mainstream price for self extraction of acrylonitrile in the market is between 9800 to 10100 yuan/ton. The price of raw materials fluctuated slightly, and the cost continued to support acrylonitrile; The construction of major downstream ABS continues to rise slightly; The start of the acrylonitrile plant fluctuated slightly, and there was basically no pressure on the supply and demand side. The acrylonitrile market just needed inquiry support, and prices rose.

Recently (11.1-11.13), domestic acrylonitrile plants have been shut down and restarted simultaneously, and the overall operation of acrylonitrile has shown a small amplitude dynamic trend.

Recently (11.1-11.13), the raw material propylene market has experienced slight fluctuations and has risen slightly, with support for the cost of acrylonitrile. According to the Commodity Market Analysis System of Business Society, as of November 13th, the domestic propylene price was 7203 yuan/ton, an increase of 2.16% from 7050 yuan/ton at the beginning of the month. The low point during the cycle was 6958 yuan/ton, and the high point was 7370 yuan/ton.

It is understood that as of early November, downstream ABS production has slightly increased to around 80%, which has improved its support for acrylonitrile compared to the previous period; The mainstream acrylic fiber factories have gradually reduced production and undergone minor repairs, resulting in a slight weakening of demand for acrylonitrile; The Nandi unit of nitrile rubber is planned to restart in the near future, and the demand for acrylonitrile is expected to increase slightly; The construction of polyacrylamide and other materials has been basically stable. Overall, the current demand support for acrylonitrile has slightly improved compared to the previous period.

Future Market Forecast: Acrylonitrile analysts from Business Society believe that the current supply of acrylonitrile is stable and fluctuates slightly; The demand side has slightly improved compared to the previous period. Recently, the international crude oil price has fluctuated and the raw material propylene price has fluctuated and consolidated. Overall, it is expected that the acrylonitrile market will consolidate at a high level in the short term.