In Asian market, Propylene price moved up by US $5 / ton and new CNF India price assessed around $1075 / ton. In the last week, propylene prices rose on the back of sharp rise in polypropylene prices.
In Japanese market, propylene price was assessed around $1050 / ton and in Korea, the price stood at around $1060 / ton. Propylene price in European market remained stable around €900 / ton.
In Asian market, Acrylonitrile price remained stable around $2085 / ton, while in Chinese market acrylonitrile price moved up by RMB 100 / ton and new price assessed around RMB 17700 / ton.
In Chinese market, Acrylic Staple Fibre price remained steady around RMB 22300 / ton. Trading activities in Acrylic Staple Fibre market remained soft. In Europe, domestic price for 1.5 denier ASF was assessed around $3.27-3.30 / kg.
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Fibre2fashion News Desk - India
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