In Chinese market acrylonitrile prices once again fell down further by RMB 200 / ton, new prices assessed around RMB 21,300 / ton, while upstream product prices continued to remain unchanged. Market traders are eagerly waiting for fall in whole value chain products of acrylic fibre.
In Chinese market acrylic staple fiber (ASF) prices remain unchanged around RMB 22,800 / ton. Speculators are waiting for a turning point in ASF prices in parallel with acrylonitrile prices and hence, are avoiding trading.
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Fibre2fashion News Desk - India