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Acrylonitrile market on narrow consolidating trend

26
Oct '09
China's acrylonitrile market maintained a narrow consolidating trend on Friday; market trade was flat with limited supply and spot prices stood at 12,400-12,500 Yuan per ton (shipment by buyers).

Acrylic fiber market as a whole remained stable, downstream demand was moderate, mainstream price stabilized, and trading atmosphere was fair.

Recently, domestic Spandex market stabilized after continued weakness, but bearish mentality in downstream market was still strong, but most manufacturers want to raise sales prices in the short term.

Market price of viscose staple fiber rose slightly amid steadiness, market delivery was moderate and inventories of enterprises were at low level.

Fibre2fashion News Desk - China


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