According to the monitoring data of the business community, the acrylonitrile market fell in the first ten days of July. As of July 10, the acrylonitrile price was 10700 yuan / ton, down 0.9% from 10860 yuan / ton on July 1. The supply side of domestic acrylonitrile industry is still in a loose state, the market transaction is deadlocked, and traders sell inventory at a low price.

In the first ten days of July, the price of raw propylene fell, and the cost support weakened. According to the monitoring of business agency, as of July 10, the domestic propylene price was 7460 yuan / ton, down 2.86% from 7680 yuan / ton on July 1.

Since July, the operating rate of downstream ABS has fallen to around 80%, and the operating rate of acrylic fiber and acrylamide industries has declined slightly, with a slightly weak demand side, but there is still some support for acrylonitrile; Acrylonitrile supply side continues to be under pressure.

Future forecast: the acrylonitrile analyst of business club believes that the current supply pressure restricts the action force of acrylonitrile, and it is difficult to change in the short term. It is expected that the acrylonitrile price will continue to fluctuate at a low level in the later period.