ChemPriceHub Alert: Reduced Acrylonitrile Supply Boosts Prices

Shandong plant underwent shutdown maintenance during the week. According to statistics, as of December 31, the average capacity utilization rate of the domestic acrylonitrile industry was 78.33%, down 1.95% from the previous cycle. The weekly production was approximately 89,300 tons, a decrease of 2,200 tons compared to the previous cycle. PriceSeek analysis of acrylonitrile, with a bullish-bearish score: The shutdown maintenance at the Shandong plant during the week led to a 1.95% decrease in the domestic acrylonitrile capacity utilization rate to 78.33%, and a reduction in weekly production by 2,200 tons to 89,300 tons. The decrease in supply indicates tight market availability, which is favorable for spot prices, and a short-term price increase is anticipated.