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    February 19Th Morning Market Report: Acrylonitrile Price High Ranking Wait-And-See Manufacturers Quotation Trend

    2019/2/19 19:38:00 46

    Acrylonitrile Price

    Yesterday (February 18, 2019), the domestic acrylonitrile market was strong and wait-and-see, the spot supply side is still tight, manufacturers' quotations have been increased, and middlemen have been reluctant to sell high reports.

    However, the downstream acrylic fiber industry has been reduced due to cost pressure load, and the market momentum has been suppressed.

    It is expected that the price of acrylonitrile market will be high this week, and the price trend of manufacturers will be expected.

    industry

    product

    Area / unit

    February 15th

    February 18th

    Ups and downs

    Ups and downs

    Acrylic fibres

    acrylonitrile

    East China port (yuan / ton)

    Twelve thousand and three hundred

    Twelve thousand and three hundred

    Zero

    0%

    Shandong market (yuan / ton)

    Twelve thousand and three hundred

    Twelve thousand and three hundred

    Zero

    0%

    CFR Far East (US $/ ton)

    One thousand five hundred and sixty

    One thousand five hundred and sixty

    Zero

    0%

    Acrylic fibres

    1.5D*38 (yuan / ton)

    Sixteen thousand

    Sixteen thousand

    Zero

    0%

    3D normal (yuan / ton)

    Seventeen thousand

    Seventeen thousand

    Zero

    0%

    propylene

    Because propylene prices rose too fast, the downstream somewhat contradict emotions.

    The downstream factories completed the replenishment at the end of the week. The enthusiasm for picking goods was generally high yesterday. The price of the Shandong market was 7500-7600 yuan / ton.

    crude oil

    2/18 closing: Sino US trade negotiations are expected to reach a substantive agreement. OPEC will continue to release positive signals about the reduction in production, coupled with the weakening US dollar, and international oil prices will continue to rise.

    WTI closed for us president day; Brent rose 66.50 US $0.25 / barrel.

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