According to the monitoring data of business agency, the acrylonitrile market fell slightly this week (June 17-june 24). As of June 24, the acrylonitrile price was 10980 yuan / ton, down 0.9% from 11080 yuan / ton on June 17. The supply side of the domestic acrylonitrile industry is still in a loose state, the market transaction is deadlocked, and traders sell their stocks at low prices. As of June 24, the acrylonitrile market offer in East China was between 10700 and 11200 yuan / ton.

This week (6.17-6.24), the price of raw propylene fell slightly, and the cost support weakened. According to the monitoring of business agency, as of June 24, the domestic propylene price was 7813 yuan / ton, down 1.82% from 7958 yuan / ton on June 17.

This week (6.17-6.24), the downstream ABS, acrylic fiber and acrylamide industries started basically, and the demand for acrylonitrile has a certain support, but the supply of acrylonitrile continues to be under pressure.

Future forecast: the acrylonitrile analysts of business club believe that the current supply pressure restricts the action force of acrylonitrile, and it is difficult to change in the short term. It is expected that the acrylonitrile price will continue to fluctuate at a low level in the later period.