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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