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ACN prices stable; Propylene prices decline

21
May '12
In S E Asian countries, Propylene prices went down by US$ 25/ton to US$ 1205/ton. In Korean and Japanese markets, Propylene prices declined by US$ 5/ton to US$ 1220/ton. In Chinese domestic market, Propylene prices were assessed around US$ 1300/ton.

In Western markets, Propylene prices further decreased by € 10/ton. In N W European domestic market, price hovered around € 1005/ton, and deals were mainly negotiated in the range of € 1000/ton to € 1010/ton. In the US market, selling offers remained stable at 46.35 cents/pound.

Acrylonitrile market remained stable in the Asian market. In S E Asian and F E Asian countries, ACN prices remained unchanged at around US$ 1855/ton and US$ 1875/ton, respectively.

In the Chinese domestic market, ASF and Acrylic Tops prices were steady at around RMB 19325/ton and RMB 20200/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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