In S E Asian countries, Propylene price remained unchanged at US$ 1505/ton. In Korea, propylene price decreased by US$ 5/ton to US$ 1505/ton, while in Japan it remained stable at US$ 1520/ton. In Chinese domestic market, price was assessed around US$ 1540/ton.
In Western market the price of Propylene remained inert. In N W European domestic market, price hovered around € 1180/ton, but deals mainly concluded in the range of € 1175/ton to € 1185/ton. In U.S.A market, selling offers declined to 71.15 cents/pounds.
Acrylonitrile market remained stable in the Asian market. In F E Asian and S E Asian countries, ACN price was stable in the range of US$ 2370/ton and US$ 2365/ton.
In Chinese domestic market, ASF and Acrylic Tops prices remained unchanged around RMB 20550/ton and RMB 21475/ton. Due to bearish sentiment in the feedstock market, price of ASF and Acrylic Tops significantly decreased yesterday by RMB 1250/ton and RMB 1325/ton, respectively.
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Fibre2fashion News Desk - India