Strong supply, weak demand, acrylonitrile market continues to decline

Market Overview: This week, the overall supply of acrylonitrile in the domestic market is abundant, but there is a lack of purchasing power. The planned production of facilities such as Zhenhai Refining and Chemical has suppressed market sentiment, and prices continue to decline. As of June 6th, the mainstream negotiation for container self pickup at East China ports remains at 8250-8350 yuan/ton, a decrease of 50-150 yuan/ton compared to last week; Short distance delivery to the Shandong market remains at around 8150-8250 yuan/ton, a decrease of 150 yuan/ton compared to last week.
Supply side: According to statistics, as of June 5th, the average capacity utilization rate of the domestic acrylonitrile industry reached 75.27%, an increase of 1.30% compared to the same period last week, with a weekly output of approximately 75800 tons.
Abundant inventory: Overall supply is abundant. According to statistics, as of June 4, 2025, the sample inventory of acrylonitrile factory was 44800 tons, an increase of+0.18 million tons from last week, and the inventory gradually accumulated.
Demand side: The capacity utilization rate of major downstream industries of acrylonitrile in China has not changed much, and the overall load of acrylic fiber has reached over 60%; The ABS industry has maintained a production rate of around 60%. As of June 5th, the ABS capacity utilization rate was 64.02%, an increase of 1.7% compared to the same period last week. Raw materials are purchased on demand, and the overall demand performance is average.
Overall, the current domestic acrylonitrile market is weak, and Zhenhai Refinery is about to start production with increased supply, but the demand remains flat. However, there has been a temporary demand in the South China region recently, which has to some extent slowed down the market downturn.

http://www.thiourea.net