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The domestic acrylonitrile market was running steadily at the end of the month

Update:02 Aug
According to the acrylonitrile price monitoring of the business agency, on July 31, the domestic acrylonitrile market price trended steadily, and the domestic mainstream manufacturers quoted at 9025 yuan/ton, an increase of -0.28% from last week. At present, the manufacturers' quotations are stable, and the dealers' quotations are more close to the cost line. However, buying intentions are not high, and market transactions are light.
The prices of downstream acrylic fiber industry manufacturers at the end of the month are firm. The domestic mainstream price of acrylic staple fiber 1.5D*38mm is 15100-15500 yuan/ton, and the price of 3D acrylic staple fiber is 15100-15450 yuan/ton. However, the downstream acrylic yarn demand is general, and the yarn mills purchase raw materials. More follow up on demand, so the tight acrylic fiber market supply has eased recently.
  Business analysts believe that the downstream acrylic fiber industry is still in the off-season market, and the acrylonitrile market demand is insufficient, and the price remains stable for the time being. It is expected that the market trend in August may continue to be weak.