On February 2, Shandong Haijiang Chemical Co., Ltd. raised the spot ex-factory price of acrylonitrile by 200 yuan/ton to 7,800 yuan/ton. The company's acrylonitrile plant, with an annual capacity of 130,000 tons, is currently shut down for maintenance. PriceSeek's analysis of acrylonitrile indicates a bullish-bearish score of 2. The shutdown of Shandong Haijiang Chemical's acrylonitrile plant, which has an annual capacity of 130,000 tons, has led to a reduction in supply. The company's proactive increase of the spot ex-factory price by 200 yuan/ton to 7,800 yuan/ton reflects tight market supply and demand, constituting a significant positive factor for acrylonitrile spot prices and potentially driving an overall strengthening of the spot market.
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