Product
PAN Price Trend
PAN Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of PAN in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Asia
The price trends for PAN ( polyacrylonitrile) registered an oscillating pattern throughout the Asian market. The surging upstream crude oil prices deeply impacted the petrochemical industry. The prices of feedstock acrylonitrile and methyl acrylate soared throughout the first quarter, thereby affecting the price trends for PAN.
The price of feedstock acrylonitrile averaged 2200 USD/MT Ex-Mumbai in the Indian domestic arena. However, during the second quarter, the prices soon plateaued and registered a downward trend as the market dynamics relaxed owing to the demand destruction and supply-demand mismatch. The price of feedstock acrylonitrile averaged 1780 USD/MT CFR Qingdao during the second quarter of the said year.
Europe
The price trend for PAN surged throughout the European region due to the robust demand from automotive and electrical industries amid the inflated upstream production costs. However, the price relaxed towards the end of the second quarter as the supply chain restrictions started to ease. The price of feedstock acrylonitrile averaged 1985 USD/MT towards the end of June 2022.
North America
The prices surged during the start of the year owing to the robust demand, supply and skilled labour shortages, inflated freight, and transportation charges. However, despite the trade relaxation in the second quarter, only a slight dip was registered in the price trends for PAN owing to the booming downstream sector. The price of feedstock acrylonitrile averaged 2010 USD/MT in the US domestic market.
Procurement Resource provides latest prices of PAN. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Polyacrylonitrile (PAN) is a synthetic, semicrystalline organic polymer resin. Despite being thermoplastic, it does not melt when exposed to ordinary temperatures. It deteriorates prior to melting. If the heating rates are 50 degrees or more per minute, it melts above 300 y.
The majority of polyacrylonitrile resins are copolymers with acrylonitrile serving as the primary monomer in a mixture of monomers. It is a multifunctional polymer that is used to make a wide range of products, such as ultra-filtration membranes, hollow fibres for reverse osmosis, fibres for textiles, oxidised flame retardant fibres like PANOX, and carbon fibre. High-quality carbon fiber's chemical forerunner is PAN fibre.
Product Details
| Report Features | Details |
| Product Name | PAN |
| HS CODE | 39069090 |
| CAS Number | 25014-41-9 |
| Industrial Uses | Textile applications, Making of carbon fiber, filtration membranes, fibers for cement reinforcement, Hydrogen storage, EMI shielding, Separation processes |
| Chemical Formula | (C3H3N)n |
| Synonyms | Vinyl cyanide |
| Molecular Weight | 53.06 g/mol |
| Supplier Database | DOLAN GmbH, AKSA, Montefibre Carbon, Dralon, Formosa Plastics, Toray |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of PAN from Aqueous Dispersion Polymerization
The procedure involves polymerizing acrylonitrile with the co-monomer methyl acrylate to create polyacrylonitrile, a material that may be spun into fibre using wet spinning.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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