Acrylonitrile prices remained unchanged at higher level around RMB 21500/ton. A traded price of Acrylonitrile was on higher range, but trading response was weak and also the amount of transaction was small. In last seven days Acrylonitrile prices observed to increase in a step growth by 5.39 percentage.
Market sentiment of acrylic staple fiber was stable with slow trading. Acrylic tow market turned softer. Trading margins shrank due to advanced feedstock costs. Market speculators expected price hike in the line with high raw material cost.
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Fibre2fashion News Desk - India
marketing@alchempro.com
