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Asian ACN prices increase

14
Mar '12
In S E Asian countries, Propylene price did not change from US$ 1305/ton. In Korea and Japan, propylene price were in the range of US$ 1370/ton to US$ 1375/ton. In Chinese domestic market, price was assessed around US$ 1425/ton.

In Western market, Propylene price was range bound. In N W European domestic market, price hovered around € 1200/ton, but deals mainly concluded in the range of € 1195/ton to € 1205/ton. In U.S.A market, selling offers were stable in the range of 68.25 cents/pound to 68.75 cents/pound.

Price of Acrylonitrile increased, in Asian market. In F E Asian and S E Asian countries, ACN price hovered in the range of US$ 2335/ton and US$ 2345/ton.

In Chinese domestic market, ASF and Acrylic Tops prices were stable around RMB 21800/ton and RMB 22800/ton, respectively. Price of ASF and Acrylic tops is expected to increase in near future, due to price hike in feedstock materials.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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