ChemPriceHub Key Reminder: Acrylonitrile Supply Reduction and Inventory Decline Boost Prices

During the week, there was a partial reduction in supply, while downstream users continued to stock up, leading to a further decline in enterprise inventories. According to statistics, as of February 4, the total domestic acrylonitrile inventory was approximately 46,000 tons, a decrease of 4,000 tons compared to the previous week. PriceSeek's analysis of acrylonitrile shows a long-short score of 1.5. The article indicates a partial reduction in acrylonitrile supply, coupled with increased downstream stocking demand, driving a decrease in enterprise inventories by 4,000 tons to 46,000 tons. The reduction in supply and growth in demand have led to a continuous decline in inventories, indicating a tightening market supply-demand balance. This is expected to significantly benefit acrylonitrile spot prices, driving an upward trend in prices.