SunSirs: On November 2nd, the Vinyl Cyanide Market in East China Remained Stable with Minor Fluctuations
November 03 2023 09:42:11 SunSirs (John)
Price trend
On November 2nd, the vinyl cyanide market in East China remained stable and slightly volatile, with production enterprises maintaining their listed prices between 9,800 and 10,100 RMB/ton in November.
Analysis review
The inventory of vinyl cyanide in enterprises had been slightly reduced, and there was not much pressure on the supply side. One of the main downstream markets, ABS, had a operating rate of around 70%, and purchased vinyl cyanide on demand. Market transactions were lackluster, and trading firms had made stable, moderate, and narrow adjustments. On the 2nd, the mainstream price of vinyl cyanide bulk water in East China was reported at 9,500-9,800 RMB/ton.
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