acrylonitrile Pricing Assessment

Markets Covered:

United States

Mexico

Canada

Peru

Korea

Turkey

Netherlands

Saudi Arabia

India

Australia

China

Acrylonitrile Price Trend, Analysis and Forecast

In Q1 2024, the global Acrylonitrile market experienced a sharp upward trend, primarily driven by rising prices of Propylene feedstock and strong demand from key sectors like automotive, construction, and textiles. In the U.S., Acrylonitrile prices surged to $1440/MT, reflecting a 14.9% increase from the previous quarter. This increase was fuelled by the ongoing recovery in the automotive and construction industries, which significantly boosted the demand for Acrylonitrile-based products such as ABS and acrylic fibres. Additionally, supply chain bottlenecks and rising freight rates contributed to the price escalation, as suppliers faced challenges in meeting growing demand.

In Q2 2024, Acrylonitrile prices in the U.S. saw a slight decrease, falling to $1375/MT, representing a -4.5% decline from Q1. This drop was primarily due to weakening demand from the automotive sector, which faced production slowdowns due to supply chain constraints and semiconductor shortages. Additionally, easing of the supply chain disruptions that had pushed prices higher in Q1 helped stabilize the market. The slowdown in industrial activities during the second quarter also contributed to the lower prices, as demand for Acrylonitrile from downstream industries like textiles and plastics saw a temporary dip.

By early Q3 2024, Acrylonitrile prices in the U.S. further stabilized at $1355/MT, marking a slight decrease of -1.4% from Q2. The market adjustment was driven by an abundant supply of Acrylonitrile globally, as production capacity ramped up across major regions. In Asia, especially in China, increased production output led to a more balanced market, which contributed to softer price trends. Additionally, economic uncertainties in Europe and North America reduced demand growth, allowing for more relaxed pricing pressure during the quarter.

Looking ahead to Q4 2024, the Acrylonitrile market is expected to see increased demand as industries prepare for the year-end festive season, particularly in packaging and consumer goods. However, price movements may be tempered by abundant supply and a more stable global supply chain. Freight costs, which had previously driven price spikes, are also expected to ease, contributing to more moderate market behaviour. As demand picks up, especially in the automotive and construction sectors, prices could see a slight upward trend by the end of the year, but overall market conditions are likely to remain stable.

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is your trusted resource for tracking global acrylonitrile price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the acrylonitrile market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence acrylonitrile prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely acrylonitrile market data.

Track 's acrylonitrile price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in acrylonitrile prices

COVID-19 Pandemic (2020) – Disruptions in production and shifts in demand led to significant price volatility in acrylonitrile.

Hurricane Harvey (2017) – This hurricane caused major disruptions in petrochemical production in the Gulf Coast, affecting acrylonitrile supply.

Market Consolidation (2015 Onwards) – Mergers and acquisitions in the petrochemical industry altered production capacities and market competition.

Methodology and Specifications

acrylonitrile Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Acrylonitrile production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire Acrylonitrile supply chain, from raw material availability (e.g., Propylene) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Acrylonitrile prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Acrylonitrile production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (Adhesives, Sealants), to predict shifts in Acrylonitrile demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global Acrylonitrile production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.

Future Capacity Projections: Our research includes detailed forecasts of upcoming Acrylonitrile production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Acrylonitrile pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast Acrylonitrile prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that delivers the most accurate, timely, and actionable Acrylonitrile pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

53.06 g/mole

CAS No

107-13-1

HS Code

29261000

Molecular Formula

C3H3N

acrylonitrile

Acrylonitrile is a highly versatile, colourless liquid with a pungent Odor, primarily used as a chemical intermediate in the production of various important polymers. It is produced through the ammoxidation of Propylene, ammonia, and oxygen. Acrylonitrile is known for its high reactivity and serves as a key building block for manufacturing several synthetic materials. Acrylonitrile is widely used in the production of Acrylonitrile Butadiene Styrene (ABS), Acrylic fibres, Styrene Acrylonitrile (SAN), and Nitrile Rubber (NBR). These materials are essential in industries such as automotive, construction, textiles, plastics, and adhesives due to their strength, durability, and resistance to heat, chemicals, and impact.

Packaging Type

25-28 MT ISO Tank

Grades Covered

≥99%

Incoterms Used

FOB Houston, CIF Manzanillo (USA), CIF Montreal (USA), CIF Callao (USA), FOB Busan, CIF Mersin (USA), CIF Rotterdam (South Korea), CIF Jeddah (USA), CIF Nhava Sheva (China), Ex-Bhiwandi, CIF Melbourne (South Korea), FOB Shanghai

Synonym

Quotation Terms:

25-28 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property	Specification
Molecular weight	53.06 g/mole
Density (g/ml) @ 20°C	0.805-0.806
Melting point	-83.55°C
Boiling Range	75-78 °C
Viscosity	0.34 centipoise (at 25.0°C)
Heat of polymerization	17.3 ± 0.5 kcal/mole

Applications

Acrylonitrile is widely used across various industries due to its exceptional properties, including chemical, temperature, and weather resistance. In the automotive sector, it is commonly used for hoses, belts, and seals, offering durability in harsh environments. In the construction sector, it is used for insulation, roofing membranes, and protective coatings due to its weather-resistant qualities. Additionally, Neoprene is frequently used in electrical insulation, medical devices, and protective gear, such as gloves and knee pads, owing to its flexibility and resilience.

Disclaimer

Acrylonitrile price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for acrylonitrile. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What factors influence the pricing of Acrylonitrile in the global market? +

The pricing of Acrylonitrile is influenced by several key factors, including the cost of feedstocks like Propylene and ammonia, which are essential for its production. Fluctuations in crude oil prices and changes in demand from major end-use industries such as automotive, textiles, and plastics also play a significant role. Additionally, geopolitical events, transportation costs, and supply chain disruptions can impact pricing trends.

How does feedstock availability impact Acrylonitrile pricing trends? +

Feedstock availability, particularly of Propylene, directly affects Acrylonitrile pricing. When there are disruptions in Propylene supply due to refinery outages, production cuts, or changes in market dynamics, Acrylonitrile prices often rise as manufacturers compete for limited resources. Conversely, an abundant supply of Propylene can lead to price stabilization or reductions.

What regional price differences exist for Acrylonitrile, and how do they affect procurement strategies? +

Regional price differences for Acrylonitrile can be substantial, influenced by local production capacities, feedstock availability, and market demand. For instance, regions with strong refining infrastructure, like the U.S. and parts of Asia, may experience lower prices compared to others with limited production capabilities. Understanding these regional dynamics is essential for procurement heads, as they can optimize sourcing strategies by exploring cost-effective suppliers in favourable markets while balancing quality and delivery times.