Home / Knowledge / News / Textiles / Chinese ACN market continues to consolidate
Chinese ACN market continues to consolidate
18
Sep '12
China’s domestic acrylonitrile (ACN) market is continuing to consolidate with manufacturers maintaining steady production and shipments being normal.
 
Currently, ex-factory ACN prices are in the range of 13,800-14,500 yuan/ton.
 
In Shandong market, ACN spot prices are quoted in the range of 14,800-14,900 yuan/ton, in terms of delivery at buyer’s destination.
 
At ports, ACN offers are in the range of 14900-15000 yuan/ton, and some high-end offers are at prices more than 15,000 yuan/ton.
 
However, actual discussions remain flat and transactions are few, as downstream manufacturers are purchasing goods in accordance with their current demand.
 
The market is supported by higher offers from traders as well as foreign supply, but it lacks demand at higher prices.
 
ACN supply is steady and some recently expanded capacities are soon expected to become operational. So, continuous increase in market prices would be restricted. 
 
However, the market would remain in consolidation phase in short-term, as there is no downward pressure at the moment.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Textiles | On 23rd Jan 2017

MagnaColours develops new sustainability standard

MagnaColours, manufacturer of printing inks and ink bases, discharge...

Courtesy: ZDHC

Textiles | On 23rd Jan 2017

ZDHC adds six new contributors for sustainability

Zero Discharge of Hazardous Chemicals (ZDHC) programme has added six...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search