ChemAnalyst Market Research Report

  North America The Acrylonitrile price trend showcased bullish movement during the fourth quarter of 2023, and prices rose by almost 12% compared to the previous quarter. Initially, prices rose amid stressed availability of feedstock Ammonia as production rates were affected by the limited supplies of upstream Natural Gas amid the fears around the availability of stocks during winter because of the crisis between Israel and Gaza.  During the mid-quarter, prices rose as INVISTA, in Houston Texas, with a feedstock Propylene production capacity of 54833 TPM, went for Force Majeure during November 2023 and affected the production rates of the product. Meanwhile, product stocking practices were firm from the regional buyers, which declined slightly before the Thanksgiving holiday and Black Friday sales as domestic retailers were preparing for the holidays.  Towards the end of the quarter, the stressed availability of Propylene inventories amid tight supplies amid increased co...

Acrylonitrile Price, a vital chemical compound with the molecular formula C3H3N, holds a pivotal role in various industries, and comprehending its market price dynamics is essential for stakeholders navigating this intricate landscape. As a key building block in the production of synthetic fibers, resins, and rubber, acrylonitrile is integral to the textile, plastics, and automotive sectors. The market price of acrylonitrile is intricately tied to the demand emanating from these diverse industries. The textile industry, particularly the production of acrylic fibers, significantly influences the  acrylonitrile Price . Acrylic fibers, derived from the polymerization of acrylonitrile, find extensive use in the manufacturing of textiles, apparel, and home furnishings. Consequently, shifts in consumer preferences, fashion trends, or economic conditions affecting the textile industry can impact the demand for acrylonitrile, thereby influencing its market price. Plastics and resins repres...

Acrylonitrile, a key chemical used in the production of synthetic fibers, resins, and plastics, holds a prominent position in the petrochemical industry. The pricing dynamics of acrylonitrile are subject to a myriad of factors within the global market. As an essential raw material for the manufacturing of acrylic fibers and plastics, acrylonitrile is intricately linked to economic, geopolitical, and technological factors. Economic conditions significantly influence the demand for acrylonitrile, particularly in the textile and polymer industries. Economic growth stimulates the production of synthetic fibers and plastics, leading to increased demand for acrylonitrile. Conversely, economic downturns or shifts in consumer preferences can influence the pricing dynamics of acrylonitrile. Geopolitical events and supply chain disruptions have profound effects on acrylonitrile pricing. Acrylonitrile is produced from propylene, a petrochemical feedstock. Any geopolitical tensions or disruptions ...