European
Acrylonitrile: Market quiet amid seasonal pressures-
Trading activity light-
Pricing remains illiquidThe
European acrylonitrile markets remained quiet in the week ending Dec. 20.
Seasonal pressures and pessimistic sentiments in the market caused them to
remain subdued. Trading activity was low throughout the week as market
participants slowed down in anticipation of the winter holiday season. These
dynamics reflect trends across the propylene value chain, where weak demand and
long lead times across markets are exacerbated in Europe by winter
holidays. These fundamentals led to limited liquidity in the
market. The European spot price for acrylonitrile was $1,400/mt CIF-ARA
due to market feedback regarding weak buyer appetite and transactional
activity. When asked about market activity and market pricing, a trader
stated that the market was dead.European
Acrylonitrile Weekly Rationale









The
CIF ARA Acrylonitrile spot price...