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ASF prices may exert downward pressure
07
Sep '10
In Asian market, propylene price remained steady around US $1185 / ton. Propylene price in European market was assessed around €915 / ton and in Japan and Korea market it was around $1170 / ton.

Acrylonitrile price was assessed around $2060 / ton. In Chinese market, acrylonitrile price remained stable around RMB 17700 / ton.

In Chinese spot market, materials supply remained tight at ports, but supply/demand fundamental was stable. In the Indian market in Hyderabad, acrylonitrile price was assessed in a range from Rs 82.5-85 / kg.

In China market, Acrylic Staple Fibre price remained stable around RMB 20400 / ton. Acrylic fiber market is likely to experience some downward pressures and prices are expected to go down further in the coming days.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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