Texas (USA): The Acrylonitrile price trend showcased bullish movement as prices witnessed an increase of x.xx in mid-March xxxx amid firm demand from buyers and easing inflation in the region. The availability of stocks was adequate in the market as production rates remained firm in manufacturing units, while offtakes were moderate from buyers.
According to sources, in February xxxx, the USA&#xx;s manufacturing PMI increased and remained above xx due to escalation in new orders, production, and output rates in the country, indicating further improvement in manufacturing sector activities.
Simultaneously, demand for Acrylonitrile remained consistent from buyers. Orders were firm from Nitrile Butadiene rubber manufacturers as consumption rates increased in the automotive industry amid a x.xx decline in new vehicles&#xx; CPI on a month-over-month (MOM) basis and a rise in production and sales of vehicles during February. Orders were also consistent from ABS industries and Styrene Acrylonitrile...
