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Zhejiang Petrochemical's acrylonitrile production line experienced a sudden failure and shutdown, reducing overall operating load to 70%.
This incident involves only the maintenance of a single production line; the operation of Zhejiang Petrochemical's other main refining and chemical units remains stable. The maintenance of this unit will lead to a temporary reduction in supply, and there are expectations of a tightening in the domestic acrylonitrile market supply, which might provide some support to spot prices. The market will continue to monitor the progress of the maintenance and the restart time.
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