Last week (6.12-6.19) acrylonitrile market slightly down. According to the commodity market analysis system of the business community, as of June 19, the acrylonitrile market water price was 7850 yuan/ton, down 3.53% from 8137 yuan/ton last Monday. At present, the market price of acrylonitrile from the tank is between 7700 and 8000 yuan/ton. Low price of raw materials consolidation, weak support for acrylonitrile; The downstream atmosphere is weak, the price is lower, and the demand for acrylonitrile continues to be weak. In addition, the supply side is still loose, the acrylonitrile market slightly lower.

Last week (6.12-6.19) the domestic acrylonitrile operating rate changed slightly, and the overall supply side is still loose. Anqing Petrochemical 210,000 tons/year acrylonitrile plant restarted to full capacity last week; Jilin Petrochemical 452,000 tons/year plant last week reduced to 5 percent load operation.

Recent (6.12-6.19) raw material propylene market low consolidation, acrylonitrile cost support continues to be weak. According to the commodity market analysis system of the business community, as of June 19, the domestic price of propylene was 6230 yuan/ton, up 0.81% from 6180 yuan/ton last Monday, and the low point in the cycle was 6155 yuan/ton.

It is understood that the downstream ABS construction last week was lower than the previous period to less than 80%; The overall start of installation maintenance of a plant of nitrile rubber decreased, and the start of acrylic fiber remained at a low of 5%. Overall, acrylonitrile downstream multi-industry price consolidation device started lower, and demand continued to weaken in the face of acrylonitrile support.

Future market forecast: Business agency acrylonitrile analysts believe that the current supply and demand side is weak, and the cost side is still low, and it is expected that the acrylonitrile market is weak and consolidated in the short term.