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ACN trends down in Europe but stable in US this week
04
Dec '14
During the current week, ACN prices declined in Europe as against the previous week from sluggish downstream demand coupled with lower feedstock prices.

However, despite market sentiments remaining insipid in the US, ACN prices stayed unchanged this week versus last week.

European ACN prices were assessed at US$ 1690/ton in the current week, lower by US$ 60/ton as compared to prices last week.

In the US market, ACN export prices were spotted at US$ 1780/ton this week, flat from the previous week.

Fibre2fashion News Desk - India

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