+917718880355

Insights

Acrylonitrile prices surge in Europe while flat in Asia

YarnsandFibers News Bureau 2016-10-27 04:12:26 –

Asian acrylonitrile markers were flat in the second week of October. In China, offers for offshore cargoes were range bound during the week.

Acrylonitrile prices were flat across the board that week in Asian markets amid thin trade and limited spot interest. In China, talk remained thin despite return from holiday amid limited discussion.

In US, acrylonitrile contract prices increased with CGP as participants talked pricing stable, adding that higher pricing in September propylene contracts could translate to higher acrylonitrile pricing. Spot prices were assessed steady amid tight global supply and strong demand.

European acrylonitrile prices were lifted by Asian tightness as fibre producers turned to Europe on low Asian supply. European acrylonitrile prices gained US$30 a ton CIF Mediterranean on the week.

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