In Asian market, Propylene prices moved up by US $15 / ton and new CNF India price assessed around $1070 / ton. In the last week, Propylene prices grew on the back of sharp rise in Polypropylene prices.
In Chinese market, Propylene price stood at around $1090 / ton and in Korea price assessed around $1055 / ton. Propylene price in European market remained stable around €900 / ton.
In Asian market, Acrylonitrile price moved down by $5 / ton and new CNF India price assessed around $2085 / ton, while in Chinese market, they remained steady around RMB 17600 / ton.
In Chinese market, Acrylic Staple Fibre price remained steady around RMB 22300 / ton. Trading activities in Acrylic Staple Fibre market remained low. In the US market, domestic price of 1.5 denier, was assessed around $3.38-3.51 / kg.
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Fibre2fashion News Desk - India