On February 10, Sinopec East China lowered its acrylonitrile listed price by 150 yuan/ton to 7,650 yuan/ton, with Zhenhai Refining & Chemical and Anqing Petrochemical uniformly implementing this price. PriceSeek analysis of acrylonitrile, long-short rating: -1. Sinopec East China's reduction of the acrylonitrile listed price by 150 yuan/ton to 7,650 yuan/ton indicates ample market supply or weak demand, putting pressure on spot prices. This price adjustment, uniformly implemented by Zhenhai Refining & Chemical and Anqing Petrochemical, reflects industry inventory pressure or weakened downstream procurement, exerting a generally bearish impact on the acrylonitrile spot market.
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