Home / Knowledge / News / Textiles / ACN prices drop in global markets last fortnight
ACN prices drop in global markets last fortnight
24
Apr '14
The prices of acrylonitrile (ACN) dropped in Asian markets in the last fortnight ending April 15, 2014, compared to the prices in the previous fortnight ending March 15, due to bearish downstream demand.
 
In Asia, ACN prices decreased in the last fortnight due to ample product availability coupled with bearish buying in the region. In F E Asia, the average price of ACN decreased by 1.97 percent to US$ 1995/ton in the last fortnight, vis-à-vis the average price of $2035/ton recorded in the previous fortnight. On April 23, prices were assessed at $1910/ton.
 
In S E Asia, the average price of ACN declined by 2.73 percent in the last fortnight to $1960/ton, as against the average price of $2015/ton in the previous fortnight. On April 23, prices were assessed at $1900/ton.
 
In European market, selling offers for ACN declined due to soft downstream demand. The average price in the last fortnight was $1800/ton, down 1.10 percent compared to the average price of $1820/ton in the previous fortnight.
 
In the US market, ACN average price in the last fortnight declined by 2.14 percent to $1830/ton, compared to the average price of $1870/ton in the previous fortnight, due to mute buying sentiments.
 

Fibre2fashion News Desk - India


Must ReadView All

May 31 deadline for registration of chemicals under REACH

Textiles | On 23rd May 2018

May 31 deadline for registration of chemicals under REACH

May 31 is the final deadline for companies to register all chemicals...

US cotton production projected to decline in 2018: USDA

Textiles | On 23rd May 2018

US cotton production projected to decline in 2018: USDA

US cotton production is forecast at 19.5 million bales, nearly 7 per...

Pakistan's textile exports up 8.13% in July-April FY18

Textiles | On 23rd May 2018

Pakistan's textile exports up 8.13% in July-April FY18

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Lynda Kelly
Suominen Corporation

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

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Mike Hoffman
Gildan Activewear SRL

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

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search