Chemicals Updates

Several trades for Sep concluded toward India / Taekwang Industrial, Formosa Plastics maintain 85% run rate at ACN plants

Aug 13, 2025

The acrylonitrile market in Far East Asia remained unchanged at $1,115/mt Aug. 12, despite reduced supply. The market witnessed limited discussions within Southeast Asia and Far East Asia regions, according to several producers. In contrast, sources indicated that India's demand for acrylonitrile supported prices in the toluene spot market, with several trades for September cargoes heard heading toward India from producers in Northeast Asia. A producer indicated there is no selling pressure for September cargoes after the completed trades to India, thus maintaining firm selling indications. Most market participants indicated that prices are likely to rise amid supply cuts among major Chinese producers, which have resulted in limited export availability. Despite expectations of firmer prices, a trader said, "Price increases are limited by the additional supplies from new capacity in...

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

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