PODCAST: Global ACN markets likely to see prolonged downturn persist into 2024
Nazif Nazmul
05-Dec-2023
LONDON (ICIS)–The outlook for global acrylonitrile (ACN) markets remains bearish as geopolitics-led economic challenges loom for 2024.
In this latest podcast, editor of the US ACN report, Ramesh Iyer; editor of the Asia ACN report, Corey Chew; and editor of the Europe ACN report, Nazif Nazmul, share the latest developments and expectations for what lies ahead.
- Forms of oversupply expected to persist despite feedstocks volatility
- Buyers aiming to secure additional contractual volume flexibility
- Ongoing economic downturn to constrain global demand recovery
ACN is used in the production of synthetic fibres for clothing and home furnishings, engineering plastics and elastomers.
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