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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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