Acrylonitrile Market Weekly (Dec 13-17, 2010)
| CCF Price | ||||
| Spot | 10-Dec | 17-Dec | Price Pressure | |
| Propylene | FOB Korea ($/mt) | 1241 | 1240 | → |
| ACN | China market (yuan/mt cash, ex-ship) | 19500 | 19500 | → |
| USD market ($/mt CFR Asia) | 2280 | 2300 | → | |
| Contract | Nov | Dec | Jan | |
| ACN | Asahi Kasei ($/mt CFR Asia) | 2250 | 2280 | 2320 |
| Sinopec (yuan/mt, ex-works) | 19000 | 19400 | ||
| Operation | ||||
| Operating rate | 86% | |||
| Inventory | Ports | Low | Downstream plants | Low |
| Market Roundup | ||||
| ACN market firmed high this week. Transactions were limited, with mainstream trading level at 19500yuan/mt, ex-tanks. In earlier week, traders mostly focused on selling Jan-Feb deliveries. Downstream purchasing interest was dull and trades were rare. From Tuesday to Thursday, enquires weakened due to weather factor and trades were dull. On Friday, as weather turned better, ship cargoes were unloaded and downstream actively picked up cargoes purchased previously. However, spot availabilities did not increase much as most of the ship cargoes have been ordered in advance. In Shandong, supplies from northern plants were few due to transportation problem. Prices held stable at 19500-19600yuan/mt. In Jiangsu/Zhejiang, transactions were affected by snow and prices stayed at 19600-19700yuan/mt. Asahi Kesai announced Jan ACN contract at $2320/mt CFR FE Asia. Off-shore cargoes basically kept stable, with CFR FE prices at $2280/mt. In US market, downstream demand remained strong while prices were stable. US-origin cargoes were offered at $2300-2350/mt, ex-ship at the ports of East China where traders were hesitant in purchasing. In Europe, spot prices continued their ascent. China ACN producers kept offers stable this week. Sales kept at a normal level. Shanghai PC and Anqing PC offered at 19400yuan/mt. Jilin PC offered at 19000yuan/mt. Fushun PC offered at 19200yuan/mt. As demands from fiber and ABS markets were still high, sales in contract terms kept stable, thus plants only provided a small amount to the spot market. Actual trading level of northern plants were flat at 18700-18900yuan/mt. Plants were not inclined to adjust offers in the short run. | ||||
| Forecast | ||||
| Spot supply does not increase much and demand stays stable, thus prices may continue to be flat. | ||||
| ACN Price Trend | ||||
 | ||||
| ACN Plant Operating Rates | ||||
 | ||||
转载本网专稿请注明出处“中国纺织网”
编辑：纺织网
文章关键词： Acrylonitrile Acrylonitrile Price
「相关报道」
免责声明：浙江网盛生意宝股份有限公司对中国纺织网上刊登之所有信息不声明或保证其内容之正确性或可靠性；您于此接受并承认信赖任何信息所生之风险应自行承担。浙江网