During the New Year, the domestic acrylic nitrile market preferential negotiations, as of January 4, acrylic nitrile mainstream average price of 7450 yuan / ton, compared to the pre-festival slightly decreased. The factory maintained a high start, downstream resistance is obvious, the market as a whole is still in a strong and weak state of supply and demand.
Market Analysis for New Year:
Acrylic nitrile price rise and fall trend before and after New Year 2023-2026
Looking back at the past three years, acrylic nitrile market trend increased and decreased during the New Year, although the price on the first day after the festival has not changed, but the week after the festival overall showed an increase in the market. The reason for the increase in the market is mainly because the manufacturers are willing to increase prices, acrylic nitrile factory in the fourth quarter began to reduce production control, overlay costs increased, the spot market synchronously increased.
But this year during the New Year holiday acrylic nitrile prices negotiate favorable, the market is mainly low adjustment. The reason is that although individual factories have been repaired, but the overall start-up is still high, supply pressure increases, and the acrylic nitrile market is weak downward, downstream stock sentiment is more cautious.
Subsequent fundamental changes:
On the supply side, the Haijiang device is still in a state of maintenance in January, and the acrylic nitrile industry began to decline, but the current acrylic nitrile plant stock pressure remains, so the acrylic nitrile supply pressure relief in January is limited.
On the demand side, acrylic side, the overall start of work this month may have increased, but still need to pay attention to the change in the situation of Giga equipment, the demand is still good. On the ABS side, considering the theoretical loss situation of petrochemical manufacturers, and Zhejiang petrochemical and other equipment storage and maintenance operations, some circulating goods source partially tight pattern or continued, mid-to-late, accompanied by the approaching Spring Festival, do not exclude some downstream consecutive holiday preparations, and Jilin petrochemical and other new equipment continue to release quantities, superimposing the preliminary partial maintenance equipment storage may be restarted, the overall demand or storage may increase slightly.
Trend forecast: In the short term, the acrylic nitrile market is weak and stable, low shock trend. Early supply continues to be loose, downstream just need to procure, price is under pressure. Mid-to-late or due to some equipment repair / download, inventory de-stabilization, prices gradually stabilize, rebound space is limited by demand and cost. January is approaching the Spring Festival, some enterprise capital return cage demand increases, or low price shipping, forming short-term suppression of prices.
| http://www.sulfamic-acid.com |