- No figures are currently representative, according to
the trader- One deal heard despite weak buying interest



In the week ending Sept. 13, the European
acrylonitrile markets remained quiet, with fundamentals of length continuing
amidst market uncertainty. Participants
placed the agreed price at between $1,310 and $1,315-1,350/mt CIF-ARA. Sources claimed that this was due to bearish market
conditions. The market's supply continues to exceed the market's demand. Recent market uncertainty was exacerbated by the news of the
deal, which led to market participants questioning whether the European market
dynamics are possible under these price levels. One trader stated that he was shocked at the pricing levels.
"These numbers of $1310-1340/mt are shocking for me." Another trader shared similar views regarding the
representativeness of these figures on the European market. They said that "nothing today [is]]
representative." Despite...