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Acrylic Chain Report 2012

  • February 2013
  • -
  • YnFx.com
  • -
  • 82 pages

Summary

Table of Contents

Acrylonitrile capacity stood at 6.8 million tons in 2011, 74,000 tons more from last year. All of this has come up in Asian region shared between China and Taiwan. With this, Asia now controls more than 50% of global acrylonitrile capacity.

In 2011 acrylic fibers accounted for only 38% of total acrylonitrile consumption, down from 43% in 2007 and nearly 48% in 2004. Acrylic fibers have been experiencing strong inter fiber competition, especially from polyester fibers. In the United States, acrylic fiber production stopped in 2005, and in Europe it has been declining for many years. Both these regions have been suffering under increasing competition from Asian imports of both fibers and finished goods. During 2008 a large drop in demand for acrylic fibers was also registered in Asia. Although some recovery has been seen since 2009, demand for this end use is expected to improve only gradually.

Acrylic fibre demand in Asia levelled off in 2011. Falling prices look to be holding back purchases. Acrylic fibre import prices to China and elsewhere in Asia fell. China domestic acrylic fibre prices have also moved a bit lower. Acrylic fibre demand for producers in Europe/Turkey remains reasonable. Production rates remained also flat as fibre prices moved down end of the year. US import prices for November saw a further reduction.

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