ChemPriceHub Key Alert: Yulong Petrochemical's New Acrylonitrile Production Capacity Fully Operational and Running at Full Capacity.

On February 2, Shandong Yulong Petrochemical's second 130,000-ton/year acrylonitrile production line was fed on January 30 and successfully produced qualified products. Currently, the two lines, with a total capacity of 260,000 tons of acrylonitrile, are operating at full capacity. PriceSeek analysis of acrylonitrile, with a long-short score of -1.5: Shandong Yulong Petrochemical's new 130,000-ton/year acrylonitrile production line was fed on January 30 and produced qualified products, bringing the total capacity to 260,000 tons/year and operating at full capacity. This has led to a significant increase in market supply. With demand not rising correspondingly, the risk of oversupply has increased, exerting downward pressure on acrylonitrile spot prices and potentially triggering a price decline.