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SunSirs: Vinyl Cyanide Market is Weak and Declining
June 01 2023 09:30:45()

On May 29th, the benchmark price of vinyl cyanide for SunSirs was 9400.00 RMB/ton, a decrease of -2.72% compared to the beginning of this month (9662.50 RMB/ton).

This week (5.22-5.29), the vinyl cyanide market was weak and declined. According to the Commodity Market Analysis System of SunSirs, as of May 29th, the bulk water price in the vinyl cyanide market was 9300 RMB/ton, a decrease of 3.38% from last Monday's 9625 RMB/ton.

At present, the self pickup price of vinyl cyanide in the market is between 9200 to 9500 RMB/ton. The price of raw materials has slightly decreased, resulting in weak support for vinyl cyanide; The downstream atmosphere is weak, and prices have decreased slightly, leading to a slight decline in the demand for vinyl cyanide; Although the overall start of construction in the vinyl cyanide industry has slightly declined, supply pressure remains; vinyl cyanide market is weak and declining.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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