NBR prices in China declined in the second half of November, reversing the upward trend observed in the preceding weeks. A similar price movement was observed in Germany during the same period.
The fluctuations in NBR prices in China were closely tied to the pricing trends of Acrylonitrile (ACN) in the market. China’s domestic ACN prices rose in the first half of the month due to continued supply tightness, stemming from ongoing plant maintenance. With multiple production plants shut for maintenance, the available capacity in China was primarily allocated to fulfill domestic demand, leaving limited supply for export. This supply tightness caused a significant increase in domestic ACN prices, which was reflected in the NBR prices in the first half.
In Taiwan, a major ACN producer faced supply uncertainties due to upcoming maintenance in mid-December, further tightening supply. Despite these price hikes from...
