Acrylonitrile price climbs on high propylene cost

YarnsandFibers News Bureau 2017-03-09 09:53:12 –

Asian acrylonitrile prices increased US$30 a ton CFR Far East Asia and Southeast Asia in the last week of February. In China, offers for offshore cargoes were flat while Indian ACN prices rose US$20 a ton on the week.

Acrylonitrile prices in Asian markets were driven up again by tight supply and high propylene cost. Shanghai Secco shuts its plant for turnaround from 20 February 20 to 25 March for maintenance.

In China, spot prices continued to climb after one major announced monthly settlement higher, which fueled spot again and players were expecting further hikes.

In US, acrylonitrile spot firmed up amid tight supply and anticipating propylene and ammonia CP could rise. Acrylonitrile export price rose US$10 a ton FOB USG on the week.

European acrylonitrile rise showed no signs of slowing amid significant surge in global prices. European acrylonitrile was up US$20 a ton CIF Mediterranean during the week.

Courtesy: Weekly PriceWatch Report

0 0 vote
Article Rating
Inline Feedbacks
View all comments

Market Intelligence

Ask for free sample Report

why us?
21 yrs


Fortune 500

Customer Base


dedicated team


Countries Served Worldwide


Register below to receive our newsletters with latest industry trends and news!

WeCreativez WhatsApp Support
Our support team is here to answer your questions via WhatsApp. Ask us anything!
? Hello