+917718880355

Insights

Acrylonitrile price dips in US, stable in Asia

YarnsandFibers News Bureau 2017-06-15 06:00:37 –

Asian acrylonitrile prices rolled over in the last week of May. Acrylonitrile prices were stable week on week in Asian markets, amid thin discussions due to regional holidays.

In US, ACN spot fell reflecting drop in propylene contract price while export activity was quiet. US acrylonitrile export price was down US$5 a ton FOB USG on the week.

In China, offers for offshore cargoes were stable while Indian ACN was steady on the week. ACN spot values in China saw ups and downs during the week with sellers raising offers early in the week on the news of Qila’s outage, but pessimistic outlook continued to dominate the market, as market fundamental remained less favorable.

European ACN prices held steady amid supply tightness and there were hardly any offers in the market. Prices were stable in spite of bearish propylene market where June contract price was fully settled lower on the month.

Courtesy: Weekly PriceWatch Report

Please Login to comment

Market Intelligence

Ask for free sample Report


why us?
21 yrs

experience

Fortune 500

Customer Base

100%

dedicated team

55+

Countries Served Worldwide


newsletter

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