It is reported that the 130,000 tons/year acrylonitrile plant of Jilin Chemical (Jieyang) is scheduled to restart on February 10. PriceSeek analysis of acrylonitrile, long-short score: -1. The planned restart of the 130,000 tons/year acrylonitrile plant at Jilin Chemical (Jieyang) on February 10 is expected to significantly increase market supply. As a bulk commodity, an increase in supply typically exerts downward pressure on spot prices, potentially leading to a price decline. Considering the medium scale of the plant and the clear restart timeline, it is anticipated to have a generally bearish impact on the spot market. However, a comprehensive assessment should also take into account changes in downstream demand.
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