Episode 753: PODCAST: Global ACN sees upward cost pressure following Russia-Ukraine conflict

ICIS - chemical podcasts

English - March 04, 2022 00:00 - 10 minutes - 14.3 MB
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Previous Episode: Episode 752: VAM supply to remain tight on plants shutdown, output cuts

Next Episode: Episode 755: PODCAST: Asia acetic acid depressed by ample supply, feedstock to drive Q2 outlook

SINGAPORE (ICIS)—The global acrylonitrile (ACN) markets are seeing upward cost pressure for feedstocks propylene and ammonia in line with firmer crude and natural gas prices following the Russia-Ukraine conflict.

In this podcast, ICIS senior editors Li Li Chng (Asia), Jane Massingham (Europe), and Lucas Hall (US) discuss the latest market developments:

· Europe remains the high priced region

· Sanctions to be watched

· Uncertainty of Russian supply ahead

· Asian suppliers received increase enquiries from Europe

· Asia production cuts on-going

· US production, demand healthy