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ACN prices move northwards
19
Jul '10
In Chinese market, acrylonitrile (ACN) prices moved up by RMB 200 / ton and new prices assessed around RMB 17,600 / ton.

In the US market, ACN was assessed lower compared to the beginning of the last fortnight. Price of ACN was closer to US $2,000 / ton and sellers were able to find more profitable options in Europe, where a deal concluded at $2,200/ton.

In Chinese market, Acrylic staple fibre prices remained steady around RMB 22,300 / ton.

Supplies and demands of acrylic fibre market are balanced but bearish sentiment is still strong in the downstream as acrylonitrile prices stay weak.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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