1、 Price trend:

According to the price chart of the business agency, as of Wednesday, May 26, 2021, the domestic reference price of acrylonitrile was 14340.00 yuan / ton, which was the same as the previous working day price, which was 0.99% higher than that of last Wednesday, and 2.89% lower than that on April 26.

2、 Market analysis

Under the influence of many factors such as more bearish sentiment, cautious wait and see attitude of middlemen and downstream users before May 1st holiday, the reference price of the return acrylonitrile market after the festival continued to decline, falling to 13800 yuan / ton on May 11, the lowest price in the last two months. Then, the price rebounded and rose at the end of the stage, and the price rose to 14150 yuan / ton as of May 24, The price shows a stage V-type trend; During the period, most manufacturers and businesses adjusted the price in a small range, and the factory price of Jiangsu srbang fell about 300 yuan / ton on May 24, and Qilu Petrochemical factory price increased by about 200 yuan / ton. The current market mainstream quotation is about 14100-14150 yuan / ton. There is no significant change in market demand and supply, with stable overall performance and little fluctuation in market transactions.

upper reaches:

According to the price chart of the business agency, the price of propylene continued to stabilize in the first two days of May 1, up 50 yuan / ton from the 3rd to 7th, and the price remained stable since the 9th, with the mainstream price of about 8350 yuan / ton. In the past ten days, the domestic propylene (Shandong) market has steadily declined and then recovered. On May 16, it was the high price of 10 days, 8371 yuan / ton, 8119 yuan / ton on May 25, 3.01% on the 10th day, and the low price of 10 days from May 21 to 23, 8035 yuan / ton, with a 10-day amplitude of 4.02%. At present, there is not much stock in propylene market, and some of the equipment maintenance is still not finished; The international crude oil market events have been constantly, and the price fluctuates. The crude oil price rose sharply on May 24, which has a more obvious positive effect on the propylene market.

Downstream:

This week, the domestic NBR fell slightly, and the factory price of Lanhua nitrile was stable. According to the monitoring of the business society, as of May 21, the factory output of Lanzhou Petrochemical NBR n41e was 17700 yuan / ton; At present, 3305e reported 18800 yuan / ton; At present, 3308e reported 19700 yuan / ton. India made a final anti-dumping decision on NBR in China this month, and the export market of NBR was slightly blocked, domestic demand still needs to be stable, and some merchants offered a small adjustment of the shipping talks. The relative pressure on supply side is not large, and the price in the early stage has fallen sharply, and it is expected that the NBR market will be stable in the later period.

In May, polyacrylamide was affected by the price change of raw materials. On the first day, the domestic (molecular weight 12 million, ionic degree 10-30) polyacrylamide cation price was 15433.33 yuan / ton, and on 25, it was reduced to 14800 yuan / T. this month, it has a trend of oscillation and downward trend, with a range of about 4.1%.

3、 Post market forecast:

Analysts of business society believe that the supply and demand side of acrylonitrile is still acceptable. With the attention of the executive meeting of the State Council on the issue of the rise of prices of commodities and raw materials and the increase of policy strength, the commodity prices will generally fall in the near future, while the prices of acrylonitrile will rise after falling. It is expected that the market will be slightly shaken in the later period, and the rising trend is not large, More attention is paid to the market information guidance for specific trends