According to the data monitoring of the business community, the acrylonitrile market rose slightly this week (9.9-9.16). As of September 16, the spot market price of acrylonitrile in China was 9810 yuan/ton, up 2.72% from 9550 yuan/ton last Friday. This week, the supply side operation rate of domestic acrylonitrile industry was basically stable, with an overall operation rate of 60% to 70%. Downstream goods were slightly stocked before the festival, and the overall offer of merchants rose. As of September 16, the mainstream offer of acrylonitrile apron market in East China was between 9700 and 9950 yuan/ton.

The price of raw propylene rose slightly this week (9.9-9.16), which supported the cost. According to the monitoring of the business community, as of September 16, the domestic propylene price was 7434 yuan/ton, up 1.56% from 7320 yuan/ton last Friday.

The downstream ABS operating rate continued to increase, driven by export inquiries. In September, the ABS operating rate rose to nearly 90%; The operating rate of domestic acrylic fiber is low, around 40%; The acrylonitrile butadiene rubber and acrylamide started stably, and the acrylonitrile demand surface was more supportive than that in the early stage.

Future forecast: acrylonitrile analysts from the business community believe that the cost and demand of acrylonitrile are supported in the short term, and it is expected that the acrylonitrile market will be consolidated at a high level in the short term.