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Propylene trends stable, ACN dips
05
Aug '11
Propylene price remained stable, in the range of US$ 1410/ton to US$ 1420/ton, in S E Asian market. In Korea and Japan, Propylene prices were assessed around US$ 1590/ton.

In N W European domestic market, price stayed in the range of € 915/ton to € 925/ton. In India, price inclined to US$ 1420/ton. In Chinese domestic market price of Propylene was in the range of RMB 11550/ton to RMB 11750/ton.

In U.S.A market selling offers for Propylene was in the range of 69.75 cents/pound to 70.25 cents/pound.

Acrylonitrile prices declined in Asian market. In F E Asian and S E Asian countries, ACN price stood at around US$ 2260/ton and US$ 2310/ton respectively. In Chinese domestic market, ACN price was stable in the range of RMB 18550/ton to RMB 19000/ton.

In Chinese domestic market, price of ASF and Acrylic tops, price hovered around RMB 23800/ton and RMB 24800/ton, respectively.

Editors note:
Price of primary raw material is expected to decline soon in Acrylic value chain. Market is expected to remain bearish in near future.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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