According to the monitoring data of business agency, the acrylonitrile market continued to fall this week (7.18-7.25). As of July 25, the acrylonitrile price was 9820 yuan / ton, down 5.21% from 10360 yuan / ton last Monday. The supply side of the domestic acrylonitrile industry continued to be loose, downstream construction fell, market transactions were deadlocked, and traders sold their stocks at low prices. As of July 25, the offer of acrylonitrile bulk water market in East China was between 9100 and 10100 yuan / ton.

This week (7.18-7.25), the price of raw propylene fluctuated slightly and fell, with weak cost support. According to the monitoring of business agency, as of July 25, the domestic propylene price was 7340 yuan / ton, down 0.19% from 7354 yuan / ton last Monday.

Since July, the operating rate of downstream ABS has fallen to around 80%, and the operating rate of acrylic fiber and acrylamide industries has declined slightly, with a slightly weak demand side, but there is still some support for acrylonitrile; Acrylonitrile supply side continues to be under pressure.

Future forecast: the acrylonitrile analyst of business agency believes that the current supply area cost pressure restricts the action force of acrylonitrile, and it is difficult to change in the short term. It is expected that the acrylonitrile price will continue to fluctuate at a low level in the later period.