Home / Knowledge / News / Textiles / ACN prices rise in Asian and US markets last fortnight
ACN prices rise in Asian and US markets last fortnight
04
Jan '14
The average price of acrylonitrile (ACN) increased in Asian and the US markets in the last fortnight ending December 31, 2013, compared to the average price in the previous fortnight ending December 15.
 
The increase in ACN price in Asia was due to tight supply, whereas in the US it was due to firm upstream energy value coupled with gains witnessed in ACN values in Asian markets. However, ACN price remained stable in European markets due to mute buying sentiments in the last fortnight ending December 31.
 
In S E Asia, average ACN price in December 2013 was US$ 1805/ton, up 1.33 percent compared to the average price of US$ 1780/ton in December 2012, but down 1.69 percent compared to November 2013.
 
In S E Asia and F E Asia markets, the average ACN price was US$ 1810/ton in the fortnight ending December 31, 2013, showing an increase of 0.56 percent compared to the average price of US$ 1800/ton in the previous fortnight ending December 15, 2013. On January 3, 2014, ACN prices were assessed at US$ 1810/ton in both the markets.
 
In the Chinese domestic market, selling offers for ACN increased by RMB 150/ton and were assessed in the range of RMB 12,750/ton to RMB 12,800/ton in the first half of the last fortnight, while prices remained stable in the second half of the last fortnight.
 
In US, average ACN price increased by 0.61 percent to US$ 1660/ton in the last fortnight, as against the previous fortnight’s average price of US$ 1650/ton. 
 
In Europe, average price of ACN remained stable at US$ 1765/ton in the last fortnight.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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