Home / Knowledge / News / Textiles / ACN prices increase in Southeast Asia last fortnight
ACN prices increase in Southeast Asia last fortnight
25
Mar '14
The prices of acrylonitrile (ACN) increased in Southeast Asian markets last fortnight ending March 15, 2014, compared to the previous fortnight ending February 28. However, prices decreased in other global markets during the fortnight.
 
In Southeast Asia, the average price of ACN in the last fortnight was US$ 2010/ton, which was an increase of 0.25 percent over the previous fortnight’s average price of $2005/ton. The upward trend continued after the fortnight and ACN price was assessed at $2025/ton on March 22, 2014.
 
On a year-on-year basis, too, the ACN price increased in Southeast Asia, as the average price of $2010/ton in the last fortnight was 0.5 percent higher than the average price of $2000/ton recorded during the corresponding fortnight of last year.
 
In Far East Asia, the average price of ACN decreased by 0.24 percent last fortnight to $2055/ton, compared to the previous fortnight’s average price of $2060/ton, due to ample product availability in the region. The declining trend continued further and ACN price was assessed at $2040/ton on March 22.
 
In the US market, the average ACN price was $1920/ton in the last fortnight, showing a decrease of 1.54 percent over the previous fortnight’s average price of $1950/ton, due to weak downstream demand.
 
In Europe, the average ACN price in the last fortnight was $1865/ton, which was a decline of 2.36 percent over the average price of $1910/ton in the previous fortnight, owing to bearish buying sentiments coupled with ample product availability.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 29th Jun 2017

Amazon intends to keep investing and growing in India

American online retail giant Amazon intends to keep investing and...

Textiles | On 29th Jun 2017

Vietnam’s textile & garment exports cross $10bn till May

Vietnam earned $10... billion from textile and garment exports in the ...

Textiles | On 29th Jun 2017

Indian textile industry will reach new milestone by 2020

By 2020, textile technologies will be highly advanced not only with...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

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...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Jay Ramrakhiani
Occasions Elegance Wear

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

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:
July 2017

July 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