Textiles

Asian ACN trends drop from sluggish demand this week

18 Oct '14

1 min read

Asian ACN prices declined due to sluggish demand and weaker downstream trends in the current week ending Oct 17.

Selling offers for ACN in F E Asian market fell and were offered in the range of US$ 1975/ton to US$ 1980/ton, by the end of the current week.

In S E Asian market, prices went down by US$ 20/ton and were assessed in the range of US$ 1970/ton to US$ 1975/ton.

However, in the Chinese market, ACN trends remained steady and were quoted in the range of RMB 14,800/ton to RMB 14,850/ton.

Fibre2fashion News Desk - India

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