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Trading remains dull in Chinese acrylic fibre market
16
Oct '12
In recent days, trading atmosphere has been dull in Chinese acrylic fibre spot market owing to sluggish demand from downstream buyers, who are procuring goods only to meet their immediate production requirement.
 
Moreover, the prices of acrylonitrile raw materials are declining, which is weakening the support for increase in prices. Hence, the acrylic fibre market in China is not expected to rise in the coming days.
 
At present, the mainstream offers of 3D medium and long fibres are in the range of 16,600-17,500 yuan/ton. Stocks with acrylic manufacturers are not high and ex-factory prices are stable.
 

Fibre2fashion News Desk - China

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