In S E Asian countries, Propylene price remained stable at US$ 1460/ton. In Korea and Japan, price of Propylene decreased by US$ 5/ton, in the range of US$ 1460/ton and US$ 1470/ton. In Chinese domestic market, price was assessed around US$ 1500/ton.
In Western markets, price of Propylene remained stable. In N W European domestic market, price hovered around € 1190/ton, but deals mainly concluded in the range of € 1185/ton to € 1195/ton. In U.S.A market, selling offers were inert at 70.85 cents/pounds.
Acrylonitrile market remained stable in the Asian market. In F E Asian and S E Asian countries, ACN price was in the range of US$ 2395/ton and US$ 2390/ton.
In Chinese domestic market, ASF and Acrylic Tops prices were unchanged around RMB 21800/ton and RMB 22800/ton, respectively.
Editorial Note:
Market speculators have adopted the stance of wait and watch as trading volume in Acrylic Value Chain remained stable.
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Fibre2fashion News Desk - India