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Acrylonitrile prices surge in Asia as supply tightness looms

With Pamela Sumayao

July 28, 2016 03:01:00 EST (3:32)

Ineos Nitriles caught the market by surprise when it declared force majeure on acrylonitrile (ACN) out of its Texas plant on July 15. In this video, Pamela Sumayao, associate editor for petrochemicals, examines how this incident has been affecting ACN prices and supply in Asia, and what it means for the market in the region, particularly in India - where about 80% of ACN transactions are concluded on a spot basis.

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Asian Petrochemicalscan provides weekly market updates, commentary and assessments ranging from naphtha feedstocks to aromatics, olefins, and polymers in Southeast Asia, Korea, Taiwan and Japan.

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