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Chinese offers for ACN & ASF hike

08
Feb '12
A few acrylic staple fiber (ASF) plants are expected to undergo scheduled maintenance. However acrylic market is not expected to see serious tight supply.

ASF price offers in East China market have increased to 20,000-20,200 Yuan / ton in terms of cash payment.

In upstream raw material market, offers of domestic acrylonitrile (ACN) producers have increased to 15,200-15,800 Yuan / ton.

Quotation for shipment to be made by buyers has increased to 16,000 Yuan / ton or even higher, but transaction is moderate.

In Shandong market, offers for the ACN to be delivered to buyer's destination by manufacturers are in the range of 15,900-16,000 Yuan / ton.

Fibre2fashion News Desk - China


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