ChemPriceHub Alert: Acrylonitrile Supply Eases, Inventory Gradually Declines

Overall supply remained ample during the period, with slow inventory digestion at some enterprises. According to statistics, as of December 31, the inventory of domestic acrylonitrile plants was approximately 61,000 tons, a decrease of 0.05 thousand tons compared to the previous week. PriceSeek's analysis of acrylonitrile indicates a bearish score of -1. The analysis shows that acrylonitrile supply remains ample, with slow inventory digestion at enterprises. As of December 31, the inventory stood at 61,000 tons, only a slight decrease of 0.05 thousand tons from the previous week. This reflects weak demand and a persistent oversupply situation, which is expected to exert downward pressure on spot prices, resulting in a generally bearish impact.