Episode 1097: PODCAST: Global ACN markets likely to see prolonged downturn persist into 2024
LONDON (ICIS)--The outlook for global acrylonitrile (ACN) markets remain bearish as geopolitics-led economic challenges loom for 2024. In this latest podcast, editor of the US ACN report Ramesh Iyer, editor of the Asia ACN report Corey Chew, and editor of the Europe ACN report Nazif Nazmul share the latest developments and expectations for what lies ahead.· Forms of oversupply expected to persist despite feedstocks volatility· Buyers aiming to secure additional contractual volume flexibility· Ongoing economic downturn to constrain global demand recoveryACN is used in the production of synthetic fibres for clothing and home furnishings, engineering plastics and elastomers.