North America Acrylonitrile Prices Movement Q3:

Acrylonitrile Prices in the United States:

During Q3 2024, acrylonitrile prices in the U.S. experienced significant fluctuations, reaching 1,450 USD/MT by September. Initially, prices remained subdued due to weaker demand from key industries like construction, which reduced the overall consumption of acrylonitrile. However, as the quarter progressed, prices strengthened due to feedstock shortages and rising natural gas costs, which impacted production costs and supply. Towards the end of the quarter, a combination of strengthened supply and storm-related disruptions led to a softening of prices. According to Acrylonitrile Price Index Data, these fluctuations highlight the sensitivity of the acrylonitrile market to both external disruptions and shifting demand dynamics, reflecting the complex interplay of factors influencing pricing trends.

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Note: The analysis can be tailored to align with the customer's specific needs.

APAC Acrylonitrile Prices Movement Q3:

Acrylonitrile Prices in China:

In Q3 2024, acrylonitrile prices in China followed a bearish trend, settling at 1,100 USD/MT by September, largely driven by excess supply and weak demand from key end-use sectors like construction and automotive. The seasonal slowdown in construction, aggravated by adverse weather conditions, reduced the need for acrylonitrile-based materials such as ABS and NBR. Additionally, high inventory levels and declining feedstock costs put significant downward pressure on prices. According to Acrylonitrile Price Chart, the combination of these factors created an oversupplied market, further exacerbating the price declines throughout the quarter and reflecting the sensitivity of the market to fluctuations in supply and demand.

Regional Analysis:  The price analysis can be extended to provide detailed acrylonitrile price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Europe Acrylonitrile Prices Movement Q3:

Acrylonitrile Prices in Germany:

In Q3 2024, acrylonitrile prices in Germany declined, reaching 1,200 USD/MT by September, primarily due to weak demand from sectors like construction and automotive, which dampened overall market activity. Although acrylonitrile supply recovered after the summer period, high inventory levels continued to exert downward pressure on prices, creating a bearish market sentiment. Seasonal influences, such as the summer holiday season, contributed to a slowdown in demand, further exacerbating the price decline. Additionally, rising operational costs added to the market’s challenges, making it more difficult for suppliers to maintain price stability. This combination of low acrylonitrile demand, high stock levels, and increased costs highlighted the ongoing challenges facing the market during the quarter.

Regional Analysis:  The price analysis can be expanded to include detailed acrylonitrile price data for a wide range of European countries:

such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.

What is The Price Forecast for Acrylonitrile:

The price forecast for acrylonitrile suggests a moderate increase in the coming months, primarily driven by stable demand from industries such as textiles, automotive, and construction. As global economic conditions stabilize, demand for acrylonitrile is expected to remain steady, particularly with the ongoing growth in the production of acrylic fibers and plastics. However, fluctuations in raw material prices, especially propylene and ammonia, could lead to some price volatility. Additionally, supply chain challenges and rising energy costs might contribute to upward pressure on prices, although any significant supply disruptions or geopolitical tensions could also affect market stability. Overall, the forecast indicates gradual price increases for acrylonitrile, with a focus on balancing demand and production costs.

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Key Coverage:

• Market Analysis
• Market Breakup by Region
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Price Analysis
  • Spot Prices by Major Ports
  • Price Breakup
  • Price Trends by Region
  • Factors Influencing the Price Trends
• Market Drivers, Restraints, and Opportunities
• Competitive Landscape
• Recent Developments
• Global Event Analysis

How the IMARC Pricing Database Can Help

The latest IMARC Group study, “Acrylonitrile Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Acrylonitrile price trend, offering key insights into global Acrylonitrile market dynamics. This report includes comprehensive price charts, which trace historical data and highlight major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Acrylonitrile demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the price report uncovers critical factors influencing current and future prices.

About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.

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