During the week, overall production loads at plants in East China were reduced, with both Anqing Petrochemical and Zhenhai Refining operating at 80% capacity. According to statistics, as of January 29, the average capacity utilization rate in China's acrylonitrile industry was 69.02%, down 6.20% from the previous cycle. Weekly production was approximately 78,600 tons, a decrease of 7,100 tons compared to the previous cycle.
PriceSeek's analysis of acrylonitrile indicates a bullish-bearish score of +1. The article highlights that the reduction in production loads at East China plants, such as Anqing Petrochemical and Zhenhai Refining, to 80% capacity has led to a 6.20% decline in the domestic acrylonitrile industry's capacity utilization rate to 69.02%, with weekly production decreasing by 7,100 tons to 78,600 tons. The significant reduction in supply will reduce the availability of circulating goods in the market, exacerbating the tight supply-demand situation and providing support for acrylonitrile spot prices, thereby raising price expectations.
Score: +1.0 (Generally Positive)
Based on the positive effect of reduced supply, but without involving extreme events, it does not reach the level of a major positive factor.
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