According to the data monitoring of the business community, the market of acrylonitrile rose sharply this week (9.2-9.10). As of September 10, the spot market price of acrylonitrile in China was 9550 yuan/ton, up 6.23% from 8990 yuan/ton last Friday. This week, the supply side operation rate of the domestic acrylonitrile industry was basically stable, with an overall operation rate of 60% to 70%. However, the acrylonitrile resources in Northeast Asia were more strained than in the early stage. In addition, the downstream Jinjiuyin had a small stock of goods, and the overall offer of merchants rose. As of September 10, the mainstream offer of acrylonitrile apron market in East China was between 9000 and 9750 yuan/ton.

The price of raw propylene rose slightly this week (9.2-9.10), supporting the cost. According to the monitoring of the business community, as of September 10, the domestic propylene price was 7320 yuan/ton, up 3.98% from 7040 yuan/ton last Friday.

The operating rate of ABS in the downstream continued to increase, driven by the export inquiry. As of the first ten days of September, the operating rate of ABS had risen to nearly 90%; The operating rate of domestic acrylic fiber is low, around 40%; The acrylonitrile butadiene rubber and acrylamide started stably, and the acrylonitrile demand surface was more supportive than that in the early stage.

Future forecast: Acrylonitrile analysts from the business community believe that the cost of acrylonitrile is supported at present, the supply side pressure in Asia is relieved, and the demand side is slightly improved. It is expected that the acrylonitrile market will continue to rise slightly in the future.