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.
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