In the first half of September xxxx, the market players increased their Acrylonitrile quotations by x.xx due to inadequate supplies. The Acrylonitrile production rates were low as operating rates were hampered at the manufacturing units amid stressed availability of feedstock Ammonia due to rising costs of upstream Natural Gas and consistent demand from fertilizers producers. Consequently, the Acrylonitrile export rates decreased and export index for North American exports experienced a decline in August, reflecting a slowing trend in this downturn, primarily influenced by backhaul trades. This shift results in the weighted average long-term rate for importing a xx-foot container into North America being significantly higher than the average export rate, with the gap having widened in recent months due to consecutive increases in the North America Imports sub-index alongside decreases in the Exports sub-index. Long-term import freight rates surged substantially, exceeding export rates, in contrast to the averages...
