US Acrylonitrile - Spot falls $20 during week-  The
downstream uses remain mixed-  Continued
fall in acrylonitrile costsSpot acrylonitrile prices in the US fell
$20 this week to $1,560/mt FOB USG Nov. 8, amid mixed demand. According to current price
fundamentals, a source claimed that they could see prices approaching $1,500/mt
in near future. However, the source stated that it was too early for them to
predict if FOB prices will drop below $1,500/mt. The source stated that they don't need to drop below
$1500/mt in order to transact, and therefore expect prices to stabilize. There were few strong end uses, and demand remained mixed. Acrylonitrilebutadiene and styrene demand was below average,
the same source said. According to market
participants, current supply was being made-to-order as suppliers weren't producing
large quantities of materials. The market
demand for...