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To put it simply, ACN market continues to move up after the holiday as Tianchen Qixiang and Liaoning Bora’s units failed to restart and the demand from acrylic fiber plants increased. However, after 7 days of inventory accumulation during the holiday, the actual price rise may gradually narrow down,
ACN market has been range-bound overall. On the one hand, the product delivery is delayed in early Sep affected by the ship arrangement, and in Nantong, the ship problem has not been solved. On the other hand, downstream acrylic fiber plants sell ACN under the high costs, and among the stagnant mark
In the first week of September, ACN market prices rose from 11,850yuan/mt at the end of August to around 12,500yuan/mt, with an increase of 5.5%. If this tendency continues, price may rise to 13,000yuan/mt or above. Actually, the small orders of some traders have been priced at this level. There are
