| Product |
Category |
Region |
Price |
Last Updated Month |
| Polyacrylonitrile (PAN) |
Chemicals |
China |
1755 USD/MT |
September 2025 |
Stay updated with the latest Polyacrylonitrile (PAN) prices, historical data, and tailored regional analysis
Polyacrylonitrile (PAN) market conditions during H2 2025 remained largely balanced to moderately firm as the industry navigated changing feedstock economics and steady downstream consumption. PAN production continued to depend heavily on acrylonitrile availability and pricing, making feedstock movements the principal cost driver across the value chain. Producers generally maintained disciplined operating rates as margins remained sensitive to raw material costs and energy expenditures associated with polymerization and fiber spinning processes. On the demand side, the carbon fiber industry remained the most influential outlet for PAN consumption, with ongoing requirements from aerospace, defense, wind energy, and automotive lightweighting applications supporting procurement activity. Industrial and textile-grade PAN demand also contributed to market stability, although buyers generally adopted cautious purchasing strategies amid broader macroeconomic uncertainty. Trade flows remained functional without major disruptions, helping maintain adequate material availability across consuming regions. The market avoided significant oversupply pressures due to balanced production and demand conditions, while fluctuations in acrylonitrile values periodically influenced seller pricing strategies. Overall, PAN market sentiment during the second half of 2025 was shaped primarily by feedstock cost pass-through, controlled producer operating behavior, and sustained carbon-fiber-related consumption, resulting in a market that remained fundamentally supported despite a cautious global manufacturing environment.