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ACN prices decline in Europe & US this week
13 Aug '15
1 min read
Acrylonitrile (ACN) prices declined in Europe and US in this week. Prices went down in US mainly due to sluggish downstream demand coupled with lower ACN prices in Asia and Europe.
Prices decreased in Europe as well due to mute buying activities, weaker upstream product prices and poor downstream demand.
Export prices in US were assessed at US$ 1050/ton FOB US Gulf, lower by US$ 30/ton as compared to prices in the last week.
Prices were spotted at US$ 1165/ton CIF MED in Europe, also lower by US$ 30/ton as against prices in the earlier week.
Prices decreased in Europe as well due to mute buying activities, weaker upstream product prices and poor downstream demand.
Export prices in US were assessed at US$ 1050/ton FOB US Gulf, lower by US$ 30/ton as compared to prices in the last week.
Prices were spotted at US$ 1165/ton CIF MED in Europe, also lower by US$ 30/ton as against prices in the earlier week.
Fibre2Fashion News Desk – India
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