Acrylic fibre prices up on support of firming acrylonitrile

News Tags: acn prices, acrylic fibre in pakistan, acrylic fibre price in india, acrylic fibre prices, acrylic yarn price in china, acrylonitrile price, propylene price

Mumbai
Summary: 
Acrylonitrile market sentiment in Asia was buoyed by demand from acrylamide producers across the region amid tight supply in he week ended 11 July. During the week, some major producers in China also lifted offers, partly to pass on the increased cost of propylene.
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Acrylonitrile markets derived strength from upstream

News Tags: acn prices, acrylic fibre prices, acrylonitrile price, propylene price, textile price in china, yarn price in india

mumbai
Summary: 
Asian propylene prices were firmer in Northeast Asia due to tight supply and demand picking up in downstream sector particularly in the polypropylene market in the week of 4 July. The Asian marker, FOB Korea rose US$15 on the week to be assessed at US$1,394-1,395 a ton. The FOB Japan was pegged at US$1,375-1,377 a ton.

Asian propylene prices were firmer in Northeast Asia due to tight supply and demand picking up in downstream sector particularly in the polypropylene market in the week of 4 July. The Asian marker, FOB Korea rose US$15 on the week to be assessed at US$1,394-1,395 a ton. The FOB Japan was pegged at US$1,375-1,377 a ton. Meanwhile, in Europe, chemical-grade propylene prices fell induced by supply glut which has been outpacing demand in recent weeks. Spot was down Euro12 on the week, to Euro1,055-1,060 a ton FD NWE and Euro1,035-1,040 a ton CIF NWE.

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