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ACN prices shoot up, propylene stable
22
Feb '12
In S E Asian countries, Propylene price was stable at US$ 1345/ton. In Korea and Japan, propylene price was in the range of US$ 1350/ton to US$ 1360/ton. In Chinese domestic market, price was in the range of RMB 10400/ton to RMB 10500/ton.

In Western market, Propylene remained stable. In N W European domestic market, price hovered around € 1075/ton, but deals mainly concluded in the range of € 1065/ton to € 1070/ton. In U.S.A market selling offers were in the range of 66.25 cents/pound to 67.25 cents/pound.

Price of Acrylonitrile shot up drastically, in Asian market. In F E Asian and S E Asian countries, ACN price hovered in the range of US$ 2205/ton and US$ 2215/ton.

In Chinese domestic market, ASF and Acrylic Tops prices were stable around RMB 20800/ton and RMB 21800/ton, respectively. Prices of ASF is expected to increase, in near future due to price is expected increased due to firm feedstock prices.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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