The Acrylonitrile price trend showcased bullish movement, and prices rose by x.xx in the USA in the first half of April xxxx. The demand was firm from buyers as the new orders in the country surged in the region, while supply availability was moderately low in the market. Ascent Performance Materials, a major Acrylonitrile producer in the North American region located in Chocolate Bayou, Texas, with an Acrylonitrile production capacity of xxxxx TPM, underwent maintenance shutdown from xst April xxxx, impacting the product availability.
At the same time, the inquiries for Acrylonitrile were firm from Nitrile Butadiene Rubber industries, and BMW has set a steady target for xxxx margins as it invests in electric vehicles. US automakers are ramping up hybrid production while electric vehicle sales decline, signaling a growing preference for eco-friendly transportation in the automotive sector. Simultaneously, orders increased from ABS industries as the construction...
