Home / Knowledge / News / Textiles / China's spot acrylonitrile market enters stalemate
China's spot acrylonitrile market enters stalemate
21
Dec '12
Trading conditions in China’s spot acrylonitrile (ACN) market has entered a stalemate phase in recent time. Discussion atmosphere is dull and offer prices from manufacturers have weakened.
 
But the industry has no stock pressure and hence, the market is based on correction.
 
At ports in East China, quotation for spot ACN is in the range of 13,500-13,600 yuan/ton, in terms of shipment on buyer’s part. Discussion atmosphere is dull and turnover is negligible.
 
Currently, offers in domestic ACN market are in the range of 12,500-13,300 yuan/ton. Some major manufacturers in Northeast China continue to feel cost pressures, but are meeting increasing resistance for raising their prices.
 
In Shandong market, offers by traders are in the range of 13,600-13,700 yuan/ton, in terms of shipment by seller. But here too, the discussion atmosphere appeared dull on December 20.
 

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 28th Apr 2017

Continue existing Duty Drawback, ROSL scheme post GST: TEA

Tiruppur Exporters' Association (TEA) has made requisitions to...

Courtesy: AAFA

Fashion | On 28th Apr 2017

Andrew Rosen, Stuart Vevers among AAFA awardees

Andrew Rosen, founder and CEO of Theory, Stuart Vevers of Coach, Nick ...

Textiles | On 27th Apr 2017

Maharashtra govt working on second textiles policy

The textiles department of the government of Maharashtra is working...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Paolo Ocleppo
Sandvik Hyperion

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X