In The Textile Industry, Acrylonitrile Or Caudate Is A Flash In The Pan.

In November 23rd, Sinopec sold its acrylonitrile in East China and North China branch.

Tight supply side is the fundamental driving force for the current price adjustment in the acrylonitrile market.

In the first half of this year, the price of acrylonitrile market has been over 20000 yuan, and the market in the second half of the year has failed. The lowest point in November is almost cut.

Manufacturers are under tremendous pressure.

An enterprise official said that the second half of the year is the most dismal period for acrylonitrile enterprises in history. A hundred tons of products should be sold for a few hundred yuan, and they can only take measures such as limiting production and overhauling, waiting for the market to improve.

The operating rate has been maintained at about 7 per cent and is at a historic low level, resulting in a reduction in supply to the acrylonitrile market, which has been declining.

On the external side, the price of products increased by US $10~60 in the case of capacity reduction and reduced supply.

Especially the United Kingdom Hill Saunders 280 thousand tons / year acrylonitrile plant restart postponed, let traders see more acrylonitrile.

Domestic acrylonitrile also rebounded slightly, in November 23rd, Sinopec will again

Demand is the primary factor determining the price trend of products.

At present, the downstream demand for acrylonitrile continues to slump, unable to effectively form large-scale demand, mostly small single deal, and limited support for acrylonitrile market.

The largest user of acrylonitrile - acrylic fiber enterprises in the shadow of a sharp fall in cotton prices, the plant operating rate has been low, only about 7 percent, and the heat is weak.

According to past practice, with the approaching of the new year, acrylic fiber enterprises should have a peak season for production, and the demand for raw materials should also keep high during the year.

However, due to the global economic downturn, the main season did not bring large orders.

It is difficult for the acrylonitrile market to form favorable conditions for the purchasing of the enterprises.

Similarly, ABS is not popular in the peak season, and the "golden nine silver ten" has not been realized in anticipation.

Whether it is household appliances or cars, sales are not satisfactory in the second half of this year. Sales growth is a common feature, especially in the high inventory of automobile manufacturers, facing production pressure, which will affect the procurement of raw materials.

The economic situation is not optimistic, but also hinders the strong market of acrylonitrile.

Whether abroad or at home, most people are pessimistic about the economic situation.

The European debt crisis and the dim economic outlook of the United States continue to ferment, which is a big factor in the chemical market.

At the same time, domestic financial tightening and small and medium-sized enterprises' tight funds will not change in the short term. The contradiction between supply and demand of raw materials and terminals can not be improved.

Traders take more care of the acrylonitrile market, or wait for money or wait for a small deal, and have a strong wait-and-see mentality.

To sum up, when demand is not fundamentally improved, this small rise or a flash in the pan, it will take time to reverse the market.