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ACN prices decline in China
03
Aug '10
In Asian market, Propylene price remained stable around US $1130 / ton. In Japanese market Propylene price stood at around $1090 / ton and in Korea, price was assessed around $1100 / ton. Propylene price in European market also remained steady around €930 / ton.

In Asian market, acrylonitrile price remained stable around $2080 / ton and in Chinese market, acrylonitrile price move up by RMB 200 / ton and new price stood at around RMB 17900 / ton. In Chinese spot market, raw materials supply remained tight at ports, but supply/demand fundamental was stable.

In Chinese market, Acrylic Staple Fibre remained stable around RMB 21400 / ton. In USD based market, Acrylic staple fibre prices went down, due to fall in feedstock prices. Market sentiment did not show improvement though acrylic fiber suppliers have adjusted prices downward substantially.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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