ChemPriceHub Alert: Acrylonitrile Production Capacity Increases, Output Rises, Operating Rate Slightly Declines

During the week, the second line of Yulong was successfully launched, adjusting the total acrylonitrile production capacity base to 5.579 million tons/year. Weekly production increased while the operating rate slightly declined. According to statistics, as of February 5, the average capacity utilization rate in the domestic acrylonitrile industry was 68.92%, down 0.1% compared to the previous cycle. Weekly production was approximately 80,400 tons, an increase of 1,800 tons compared to the previous cycle.

PriceSeek's analysis of acrylonitrile, with a bullish-bearish score: -1. The article indicates that after the launch of Yulong's second line, the total acrylonitrile production capacity base was adjusted to 5.579 million tons/year, and weekly production increased by 1,800 tons to 80,400 tons, indicating a significant expansion on the supply side. Although the capacity utilization rate slightly decreased by 0.1% to 68.92%, the rise in production and increased capacity may exacerbate market oversupply, putting downward pressure on spot prices. The overall supply-demand structure leans bearish, warranting a general bearish score of -1.