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Asian ACN trends shoot up, propylene falls
30
Nov '11
In S E Asian countries, Propylene price declined in range of US$ 1285/ton to US$ 1295/ton. In Korea and Japan, Propylene prices were quoted in the range of US$ 1230/ton to US$ 1240/ton. In Chinese domestic market Propylene price was around RMB 9750/ton.

In N W European domestic market, price was in the range of € 850/ton to € 855/ton. In U.S.A market, Propylene price was stable and was assessed in the range of 42.50 cents/pound to 43.05 cents/pound.

Price of Acrylonitrile shot up sharply in Asian International market. In F E Asian and S E Asian countries, ACN price hovered at US$ 1775/ton and US$ 1745/ton, respectively. Major reason for price hike was tightened supply and robust buying interest from Chinese market.

In Chinese domestic market, ASF and Acrylic Tops prices were stable around RMB 18500/ton and RMB 19700/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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