According to the data monitoring of the business community, the market price of acrylonitrile continued to rise after the festival. As of October 12, the spot market price of acrylonitrile in China was 10050 yuan/ton, up 1.82% from 9870 yuan/ton before the festival. After the festival, the supply side operation rate of the domestic acrylonitrile industry was basically stable, with an overall operation rate of 60% to 70%. The listing price of enterprises was raised, and the business offer was slightly higher. As of October 12, the mainstream offer of acrylonitrile bulk water market in East China was between 9800 and 10350 yuan/ton.

After the festival, the price of raw propylene rose slightly, supporting the cost. According to the monitoring of the business community, as of October 12, the domestic propylene price was 7750 yuan/ton, up 1.71% from 7620 yuan/ton before the festival.

After the festival, the price of ABS in the downstream of acrylonitrile continued to rise and the inventory declined, and ABS continued to operate at a high level of 80% to 90% when it started construction; Acrylic fiber, polyacrylamide and nitrile rubber industries started to maintain stability, and demand continued to support acrylonitrile.

Future forecast: Acrylonitrile analysts from the business community believe that the cost and demand of acrylonitrile are supported to some extent, and it is expected that the acrylonitrile market will continue to be strong in the short term.