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Propylene continues to drop, ACN stable
26
Oct '10
In Asian market, propylene price further declined by US $10 to $1075 / ton. It hovered in the range of $1170-1075 / ton in S E Asia, while in European market it was stable at €912 / ton and in export market; price was around $890 / ton. Propylene price declined in Japanese and Korean market to $1130 / ton from $1150 / ton.

In Chinese market, Acrylic Staple Fibre price was stable at RMB 21700 / ton. Price of Acrylic tow was steady, while Acrylic top was stable around RMB 22500 / ton.

Acrylonitrile price remained unchanged in F E Asian market and was quoted at $2085 / ton. In S E Asia, price was around $2100 / ton. In Chinese domestic market, price of ACN was around RMB 18000-19500 / ton. In European market, October ACN contracts rolled over at between €1873-1920 / ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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