In S E Asian countries, price of Propylene remained stable at US$ 1460/ton. In Korea and Japan also, Propylene price remained stable in the range of US$ 1465/ton and US$ 1475/ton. In Chinese domestic market, price was assessed around US$ 1500/ton.
In Western market, price of Propylene remained stable. In N W European domestic market, price hovered around € 1175/ton, but deals mainly concluded in the range of € 1170/ton to € 1180/ton. In U.S.A market, selling offers was inert at 70.85 cents/pounds.
Acrylonitrile market remained stable in the Asian market. In F E Asian and S E Asian countries, ACN price was in the range of US$ 2395/ton and US$ 2390/ton. According to market expert, price of ACN is expected to increase in near future.
In Chinese domestic market, ASF and Acrylic Tops prices remained stable around RMB 21800/ton and RMB 22800/ton, respectively.
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Fibre2fashion News Desk - India