January 31St Morning Market Report: Acrylonitrile Market Is Calm.
Domestic acrylonitrile market is quiet, factory inventory is low, and the price tag is rising next month. Market participants generally hold up expectations for the post holiday market, and middlemen are reluctant to sell high newspapers.
But with the Spring Festival approaching, the logistics pressure has been highlighted, and the downstream has been on holiday.
It is expected that the acrylonitrile market will remain calm before the holidays.
| industry | product | Area / unit | Previous price | Current price | Ups and downs | Ups and downs |
| Acrylic fibres | acrylonitrile | East China port (yuan / ton) | Eleven thousand and nine hundred | Eleven thousand and nine hundred | Zero | 0% |
| Shandong market (yuan / ton) | Twelve thousand | Twelve thousand | Zero | 0% | ||
| CFR Far East (US $/ ton) | One thousand five hundred and forty | One thousand five hundred and forty | Zero | 0% | ||
| Acrylic fibres | 1.5D*38 (yuan / ton) | Sixteen thousand | Sixteen thousand | Zero | 0% | |
| 3D normal (yuan / ton) | Seventeen thousand | Seventeen thousand | Zero | 0% | ||
| Focus News | 1. the Fed announced that the US stocks rose and the NASDAQ increased by 2.2%. | |||||
| 2. the US Federal Reserve did not act on schedule, deleted the wording of "further interest raising", promised to flexibly adjust the scale, and did not rule out the resumption of QE. | ||||||
| 3. the US ADP employment increased by 213 thousand in January, and the employment in manufacturing industry hit a new high of 6 years. | ||||||
| 4. the Central Bank of China will issue two central bank bills in Hongkong in February 13th. | ||||||
| 5. China's central bank reinvested 50 billion, and interbank market interest rates fell. | ||||||
| prediction | 1. in the morning, the official manufacturing industry, service industry and comprehensive PMI will be released in January. | |||||
| 2. in the afternoon, the euro zone's four quarter GDP value and the unemployment rate in December will be announced. Amazon's earnings will be announced the next morning. | ||||||
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