February 13Th Morning Market Report: Acrylonitrile Market Prices Rise
Yesterday (February 12, 2019), domestic acrylonitrile market prices rose, factory inventories were low, and spot resources were also tight. At the same time, downstream acrylic fiber and ABS started well, the market bullish mentality was obvious, and the middle business market was higher.
But considering the slow follow-up of acrylic fiber prices, acrylonitrile manufacturers are cautious about raising prices.
The price of acrylonitrile market is expected to rise slightly this week.
industry | product | Area / unit | February 11th | February 12th | Ups and downs | Ups and downs |
Acrylic fibres |
acrylonitrile |
East China port (yuan / ton) |
Twelve thousand |
Twelve thousand and one hundred |
+100 |
0.83% |
Shandong market (yuan / ton) |
Twelve thousand and one hundred |
Twelve thousand and two hundred |
+100 |
0.83% | ||
CFR Far East (US $/ ton) |
One thousand five hundred and forty |
One thousand five hundred and sixty |
+20 |
1.30% | ||
Acrylic fibres |
1.5D*38 (yuan / ton) |
Sixteen thousand |
Sixteen thousand |
Zero |
0% | |
3D normal (yuan / ton) |
Seventeen thousand |
Seventeen thousand |
Zero |
0% | ||
propylene |
Yesterday, the propylene market prices in Shandong declined, and the market atmosphere was weak. The production rate of the production enterprises in the region is high, while the import of propylene to the port is more. However, the plastics enterprises in the downstream of the PP powder have not resumed production, and the mainstream business has reached 7650-7700 yuan / ton. | |||||
crude oil |
2/12 closing: OPEC produced a notable reduction in output in January, and Saudi Arabia said it would continue to cut production, and international oil prices rebounded. WTI53.10 rose 0.69 US dollars / barrel; Brent 62.42 increased 0.91 US dollars / barrel. China's SC main force rose 1903 to 0.6 yuan to 428.5 yuan / barrel. | |||||
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