内容概要：2024年我国丙烯腈产能为439.9万吨，与2023年持平；产量完成311.3万吨，同比增长6.56%；产能利用率自2020年后持续下滑，2024年回调至 70.8，随着国内丙烯腈供给端快速扩张，行业供应量持续增加，而其主要下游产品ABS、腈纶、丙烯酰胺等领域需求疲软，2024年我国丙烯腈表观消费量为 294.6万吨，增长率仅0.08%，对比同年产能和产量的增长率，我国丙烯腈面临供应过剩的局面。 上市企业：东方盛虹（000301）、中国石油（601857）、中国石化（600028） 相关企业：上海赛科石油化工有限责任公司、浙江石油化工有限公司、辽宁金发科技有限公司、利华益集团股份有限公司、山东科鲁尔化学有限公司、中海 油富岛（海南）化工有限公司、天辰齐翔新材料有限公司、山东海江化工有限公司、中国石油天然气股份有限公司大庆炼化分公司、中国石油化工股份有限 公司镇海炼化分公司、山东裕龙石化有限公司、中化泉州石化有限公司、中石化英力士（天津）石化有限公司 关键词：丙烯腈生产工艺、丙烯腈市场政策、丙烯腈产业链、丙烯腈供需现状、丙烯腈进出口贸易、丙烯腈竞争格局、丙烯腈发展趋势 一、概述 按纯度等级不同，丙烯腈 ...

丙烯日报 | 2025-10-10 丙烷跌价明显，成本端拖累丙烯走弱 市场要闻与重要数据 单边：中性； 跨期：PL01-02逢高反套； 跨品种：无 风险 原油价格波动；上游装置检修动态；外盘丙烷价格波动 丙烯方面：丙烯主力合约收盘价6210元/吨（-110），丙烯华东现货价6290元/吨（-10），丙烯华北现货价6495元/吨 （+90），丙烯华东基差80元/吨（+100），丙烯华北基差285元/吨（+200）。丙烯开工率75%（-1%），中国丙烯CFR- 日本石脑油CFR201美元/吨（+2），丙烯CFR-1.2丙烷CFR147美元/吨（+60），进口利润-381元/吨（-25），厂内库存 44910吨（+2000）。 丙烯下游方面：PP粉开工率39%（+2.01%），生产利润-210元/吨（-175）；环氧丙烷开工率72%（+5%），生产利润 -344元/吨（-115）；正丁醇开工率88%（+1%），生产利润-289元/吨（-206）；辛醇开工率96%（+0%），生产利润-98 元/吨（-14）；丙烯酸开工率83%（+3%），生产利润1034元/吨（+107）；丙烯腈开工率80%（+1%），生产利润-82 ...

中化新网讯 近日，泰国国家石油全球化学有限公司(PTTGC)宣布，决定将其持有的可乐丽GC先进材料 有限公司(KGC)20.1%的股份出售给可乐丽公司。此次股权转让将于2025年10月20日完成，但交易的财 务细节尚未披露。 股权转让完成后，PTTGC在KGC的持股比例将从33.4%降至13.3%，而可乐丽的持股比例将从53.3%升 至73.4%。剩余13.3%的股份将继续由住友商事持有。此次交易符合PTTGC正在推进的资产组合转型计 划。 KGC以生产工程塑料聚酰胺9T(PA9T)以及氢化苯乙烯类嵌段共聚物而闻名。该公司的生产基地位于泰 国东部经济走廊的WHA东部工业园内。去年，由旭化成与PTTGC各持股50%的合资企业PTT旭化成化 学有限公司(PTTAC)决定停止运营，并拆除其位于泰国罗勇府的生产设施。PTTAC此前主要通过丙烷法 生产丙烯腈，通过丙酮氰醇法生产甲基丙烯酸甲酯，并生产硫酸铵。 来源：市场资讯 （来源：中化新网） ...

通讯员严晨范喜娟胡欣雨 记者了解到，新材料作为如东三大主导产业之一，港区份额占到六成。截至10月5日，今年如东洋口港已累计靠泊液化品原料船舶296艘次，新材料原料吞 吐量突破300万吨。这些原料涵盖乙二醇、对二甲苯、丙烯腈等关键品类，通过口岸快速接卸后，直接供给九州星际、嘉通能源等本地重点企业，为如东 500亿级安防与特纤产业集群、高端化工新材料产业链提供了稳定的原料支撑。 由于新材料原料多具有高温高压、易燃易爆特性，且考虑海上恶劣天气易导致船舶延误、装卸作业风险升高，口岸监管需兼顾效率与安全。如东边检站构 建"边检+应急+气象+码头"四方联勤机制，通过实时共享船舶动态、货物特性等信息，提前制定监管方案；依托视频监控系统与现场定点巡查相结合的方 式，对船舶靠泊、卸载全流程进行安全把控；同时推出7×24小时通关服务与"一船一策"定制化保障方案，在确保监管到位的前提下，最大限度压缩船舶在 港时间，截至目前已为企业节约物流成本近千万元。 10月5日11时许，巴拿马籍"金豹"轮缓缓靠泊如东洋口港液化码头G5泊位，如东边检站阳光岛警务室民警迅速登上甲板，第一时间开展边防检查工作。作 为国庆假期第一艘新材料原料船，"金豹 ...

丙烯日报 | 2025-09-30 丙烯方面：丙烯主力合约收盘价6365元/吨（+0），丙烯华东现货价6325元/吨（-25），丙烯华北现货价6435元/吨（-15）， 丙烯华东基差-40元/吨（-25），丙烯华北基差70元/吨（-40）。丙烯开工率76%（+2%），中国丙烯CFR-日本石脑油 CFR182美元/吨（-5），丙烯CFR-1.2丙烷CFR88美元/吨（-10），进口利润-388元/吨（+61），厂内库存42910吨（+6560）。 丙烯下游方面：PP粉开工率35%（+1.46%），生产利润-65元/吨（+15）；环氧丙烷开工率70%（-2%），生产利润-366 元/吨（+0）；正丁醇开工率87%（+0%），生产利润-2元/吨（+9）；辛醇开工率96%（+0%），生产利润-5元/吨（+61）； 丙烯酸开工率77%（-2%），生产利润909元/吨（+18）；丙烯腈开工率74%（+1%），生产利润-642元/吨（-17）；酚 酮开工率78%（+7%），生产利润-520元/吨（-200）。 市场分析 上游装置重启预期以及下游需求跟进不足，驱动近期丙烯现货偏弱运行，盘面亦低位震荡。供需基本面看，供应 端， ...

Overview - In 2024, China's acrylonitrile production capacity is expected to remain at 4.399 million tons, with a production volume of 3.113 million tons, reflecting a year-on-year growth of 6.56% [1] - The capacity utilization rate has been declining since 2020 and is projected to recover to 70.8% in 2024, indicating an oversupply situation due to rapid expansion in domestic production [1][11] - The apparent consumption of acrylonitrile in China is forecasted to be 2.946 million tons in 2024, with a growth rate of only 0.08%, highlighting a mismatch between supply and demand [1][11] Market Policies - Recent policies in China aim to promote technological innovation and industrial upgrades in the acrylonitrile sector, steering the industry towards high-end and green development [6][7] Industry Chain - The acrylonitrile industry chain includes upstream suppliers of propylene, liquid ammonia, and catalysts; midstream production; and downstream applications in ABS, acrylic fiber, and acrylamide [7][8] Consumption Structure - The consumption of acrylonitrile is primarily concentrated in three sectors: ABS, acrylic fiber, and acrylamide, with ABS accounting for 50% of total consumption [9][10] - The household appliance sector is the largest consumer of ABS, representing over 45% of the total ABS consumption in China [9] Competitive Landscape - In 2024, the global acrylonitrile production capacity is expected to grow by 3.3%, with the top ten producers accounting for 71.6% of total capacity [12] - In China, the market concentration is high, with the top five producers holding 63.47% of the capacity, led by Sierbang Petrochemical [12][14] Development Trends - The acrylonitrile industry in China is anticipated to enter a new phase of capacity expansion in 2025, with an expected increase of over 1.3 million tons, pushing total capacity beyond 5.7 million tons [15] - However, low operating rates in downstream sectors are likely to exacerbate the supply-demand imbalance, leading to continued low-price fluctuations [15]

丙烯周报 | 2025-09-28 主力PDH装置逐步回归，丙烯偏弱运行 市场要闻与重要数据 2025年期货市场研究报告 第1页 请仔细阅读本报告最后一页的免责声明 丙烯方面：丙烯主力合约收盘价6365元/吨（-7），丙烯华东现货价6350元/吨（+0），丙烯华北现货价6450元/吨（-25）， 丙烯华东基差-15元/吨（+27），丙烯华北基差110元/吨（-3）。丙烯开工率76%（+2%），中国丙烯CFR-日本石脑油 CFR182美元/吨（-5），丙烯CFR-1.2丙烷CFR88美元/吨（-10），进口利润-388元/吨（+61），厂内库存42910吨（+6560）。 丙烯下游方面：PP粉开工率36%（+1.91%），生产利润-115元/吨（+10）；环氧丙烷开工率70%（-2%），生产利润-366 元/吨（+0）；正丁醇开工率87%（+0%），生产利润24元/吨（+7）；辛醇开工率96%（+0%），生产利润16元/吨（-43）； 丙烯酸开工率77%（-2%），生产利润892元/吨（-14）；丙烯腈开工率74%（+1%），生产利润-625元/吨（-11）；酚酮 开工率78%（+7%），生产利润-320元/吨 ...

丙烯日报 | 2025-09-26 丙烯供应回升，但下游备货需求仍欠佳 市场要闻与重要数据 丙烯方面：丙烯主力合约收盘价6372元/吨（+15），丙烯华东现货价6330元/吨（-20），丙烯华北现货价6485元/吨（+0）， 丙烯华东基差-42元/吨（-35），丙烯华北基差113元/吨（-15）。丙烯开工率76%（+2%），中国丙烯CFR-日本石脑油 CFR189美元/吨（-9），丙烯CFR-1.2丙烷CFR91美元/吨（-2），进口利润-409元/吨（-1），厂内库存36350吨（+4640）。 丙烯下游方面：PP粉开工率36%（+1.91%），生产利润-125元/吨（+0）；环氧丙烷开工率70%（-2%），生产利润-366 元/吨（+0）；正丁醇开工率87%（+0%），生产利润17元/吨（+0）；辛醇开工率96%（+0%），生产利润59元/吨（+0）； 丙烯酸开工率77%（-2%），生产利润906元/吨（+39）；丙烯腈开工率74%（+1%），生产利润-624元/吨（+0）；酚酮 开工率78%（+7%），生产利润-320元/吨（-124）。 市场分析 供应端，上游装置重启带动开工上升，山东两套主力PDH装 ...

1. Report Industry Investment Rating - Unilateral: Neutral; for cross - period, after maintenance returns, focus on PL01 - 02 short - spread trading opportunities at high levels; no recommendation for cross - variety [3] 2. Core View of the Report - The supply pressure of propylene remains relatively large due to the restart of upstream devices and the increase in new production capacity. The demand is supported at the bottom in the short term but is still restricted by cost pressure. The cost side has support due to geopolitical tensions and the strengthening of international oil prices and external propane prices [2] 3. Summary According to the Catalog 3.1 Propylene Basis Structure - The report presents data on the closing price of the propylene main contract, East China and North China basis, 01 - 05 contract, and East China and Shandong market prices [6][8][10] 3.2 Propylene Production Profit and Capacity Utilization - It shows data on the difference between China's CFR propylene and Japan's CFR naphtha, propylene capacity utilization, PDH production gross profit and capacity utilization, MTO production gross profit and methanol - to - olefins capacity utilization, naphtha cracking production gross profit, and crude oil refinery capacity utilization [17][25][30] 3.3 Propylene Import and Export Profit - The report includes data on the price differences between South Korea's FOB, Japan's CFR, Southeast Asia's CFR and China's CFR, as well as propylene import profit [34][38] 3.4 Propylene Downstream Profit and Capacity Utilization - Data on the production profit and capacity utilization of PP powder, propylene oxide, n - butanol, octanol, acrylic acid, acrylonitrile, and phenol - acetone are presented [41][43][46][55][57][60][62] 3.5 Propylene Inventory - It shows data on propylene factory inventory and PP powder factory inventory [67]

Report Industry Investment Rating - Unilateral: Neutral; Inter - period: After the return of maintenance, pay attention to the short - spread of PL01 - 02 when it rises to a high level; Inter - variety: None [3] Core View - The supply - demand support for propylene has weakened, and the weak trend of oil prices at the cost end has led to a weak operation of propylene. The supply pressure remains large due to the restart of upstream devices and the expected restart of major PDH devices, as well as the increased production of new capacities. The demand is mainly driven by short - term bottom support from pre - holiday stocking by downstream factories, but is still restricted by cost pressure. The cost - end support has weakened as international oil prices have rebounded slightly but remain weak, and the price of external propane is relatively firm [2] Summary by Directory 1. Propylene Basis Structure - Relevant figures include the closing price of the propylene main contract, the East China basis of propylene, the North China basis of propylene, the 01 - 05 contract of propylene, the East China market price of propylene, and the Shandong market price of propylene [6][9][11] 2. Propylene Production Profit and Operating Rate - Relevant figures involve the difference between China's CFR propylene and Japan's CFR naphtha, propylene capacity utilization rate, PDH production gross profit of propylene, PDH capacity utilization rate of propylene, MTO production gross profit of propylene, methanol - to - olefin capacity utilization rate, propylene naphtha cracking production gross profit, and crude oil main refinery capacity utilization rate [15][22][24][29] 3. Propylene Import and Export Profit - Relevant figures are the difference between South Korea's FOB and China's CFR, the difference between Japan's CFR and China's CFR, the difference between Southeast Asia's CFR and China's CFR, and propylene import profit [32][36] 4. Propylene Downstream Profit and Operating Rate - Relevant figures include the production profit and operating rate of PP powder, the production profit and operating rate of propylene oxide, the production profit and capacity utilization rate of n - butanol, the production profit and capacity utilization rate of octanol, the production profit and capacity utilization rate of acrylic acid, the production profit and capacity utilization rate of acrylonitrile, and the production profit and capacity utilization rate of phenol - acetone [39][41][44][52][55][57][59] 5. Propylene Inventory - Relevant figures are propylene in - plant inventory and PP powder in - plant inventory [64]