Acrylonitrile prices plunge to five-year low amid deepening supply-demand imbalance

At the outset of 2026, China's acrylonitrile market has extended its decline, with prices hitting their lowest level since 2021. Persistent oversupply against weak downstream demand has led to significant inventory build-up across the industry, pushing most producers into a loss-making position.

The new year has seen China's acrylonitrile prices extend losses and accelerate their downward spiral, marking a fresh five-year low as the supply-demand imbalance intensifies. Prices in Shandong province have dipped to around Yuan 7,000/tonne, placing the entire industry under the dual pressure of widespread production losses and mounting