Yesterday, October 25, acrylonitrile price began to fall, spot price in East China port ranged between 18500-18800 yuan per ton. China petrochemical sharply cut factory price to 18,500 yuan per ton, representing a total drop of 500 yuan.
Performance of acrylic market remained sluggish, Sinopec reported October settlement prices, 1.5 D staple fiber produced by Shanghai Petrochemical was at 19,847 yuan per ton and 3 D * 64mm PSF was at 19,547 yuan per ton. Trade volume was thin.
Acrylic yarn performance was relatively stable, but demand was not strong. There could see conceding movement in trading. 32s single yarn was offered at 24,300 yuan per ton, 42s acrylic double yarn was quoted at 24,800 yuan per ton.
Fibre2fashion, News Desk - China
marketing@alchempro.com
