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The vinyl cyanide market experienced an initial surge followed by a decline in November. By the end of the month, the bulk price of vinyl cyanide had risen to 10,100 RMB/ton, marking a 5.62% increase from the starting price of 9,562 RMB/ton at the month's onset. This trend was partly due to the narrow fluctuations in the price of propylene, the raw material, which closed the month at 7,105 RMB/ton, up by 0.78% from 7,050 RMB/ton. These slight changes in propylene costs provided ongoing support for the vinyl cyanide prices.

The demand from downstream industries, particularly the ABS sector, remained stable with production facilities operating at around 80% capacity, contributing positively to the vinyl cyanide demand. Conversely, the acrylic fiber sector saw a decline in demand, attributed to sluggish terminal demand and increased inventory pressures at acrylic yarn manufacturers. Some acrylic fiber factories also underwent maintenance, which led to a decrease in the overall operation rate within the industry and consequently a weakened demand for acrylic fiber.

November witnessed mixed influences on vinyl cyanide demand due to shutdowns and restarts in vinyl cyanide-butadiene rubber units, contributing to slight demand fluctuations. Moreover, the operating rate of polyacrylamide and related materials remained low.

Despite the relatively sufficient supply of vinyl cyanide, downstream procurement weakened towards the end of November. Nonetheless, the sustained high costs of raw materials continued to underpin the vinyl cyanide prices, ensuring a certain level of market stability.

According to the article by Procurement Resource, in November, the vinyl cyanide market saw a 5.62% price increase to 10,100 RMB/ton, influenced by propylene's slight price rise and stable ABS sector demand. However, demand from the acrylic fiber sector declined due to low terminal demand and high inventory. Vinyl cyanide-butadiene rubber units' operational changes and low polyacrylamide production also impacted demand. Despite ample supply and weaker end-of-month procurement, high raw material costs maintained market stability.