Propylene price remained range bound in between US$ 1450/ton to US$ 1460/ton. In Korea and Japan, propylene prices were assessed around US$ 1455/ton and US$ 1560/ton, respectively.
In N W European domestic market, it stayed in the range of € 1200/ton to € 1210/ton. In India, price stood around US$ 1450/ton to US$ 1460/ton and in USA market, propylene price was quoted around 81.00 cents/pound to 82.50 cents/pound.
Acrylonitrile prices remained stable in Asian market. In F E Asian and S E Asian countries, ACN hovered in the range of US$ 2810/ton to US$ 2860/ton. In Chinese domestic market, ACN price was stable around RMB 18900/ton to RMB 18950/ton.
In Chinese domestic market, price of ASF and Acrylic tops remained stable at RMB 25500/ton and RMB 26500/ton, respectively.
Editorial note:
Acrylic value chain did not change much today, due to balanced market fundamentals. Speculators remained optimistic and buying sentiment remained moderate.
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Fibre2fashion News Desk - India
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