On February 10, Sinopec North China Branch lowered the listed price of industrial acrylonitrile by 200 yuan/ton to 7,300 yuan/ton. PriceSeek's analysis of acrylonitrile shows a bearish score of -1. The reduction in Sinopec North China Branch's listed price for acrylonitrile by 200 yuan/ton to 7,300 yuan/ton indicates ample market supply or weak demand, exerting downward pressure on the spot price of acrylonitrile. This price adjustment directly reflects pressure in the spot market, which may stem from increased inventory or weakened downstream demand. It is expected that spot prices will face downward pressure in the short term.
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