The Acrylonitrile prices declined in the North American market during the second half of May xxxx. Improved feedstock Ammonia availability and lower input costs helped reduce production costs. On the demand side, Acrylonitrile consumption remained moderately low. Looking ahead, offtakes are expected to improve in the latter half of Qx xxxx, supported by firm export demand ahead of hurricane season and enhanced supply dynamics following Ascend Performance Materials&#xx; launch of high-purity Acrylonitrile production in Texas, targeting high-value sectors like aerospace, healthcare, and renewable energy.
The Acrylonitrile production rates remained moderate during the past weeks, impacted by limited supplies of feedstock Propylene, caused by reduced production in the region due to a force majeure triggered by flooding. Simultaneously, supply rates were moderate due to disruptions in trade and shipping. The U.S. export and trade activities were significantly disrupted in April xxxx by...
