ACN Highlights from 15-31, Jan 2012
In the last fortnight, price of Acrylonitrile increased mainly due to supply crunch. In the early last fortnight, sellers and traders were not in hurry to sell-off goods as buyers negotiated highly, while demand from Chinese market diminished slowly. In the second half of the last fortnight, ACN offers maintained bullish trend with firm support of availability tightness, good demand and hike in contractual prices. In U.S.A market, selling offers for ACN remained bullish due to firm demand from textiles and plastic sectors.
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