Acrylonitrile prices moved down by RMB 200 / ton and new prices assessed around RMB 17600 / ton. Upstream product price remain unchanged.
Chinese firm Shanghai Secco shutdown one of its Acrylonitrile production line having production capacity of 130,000 ton / year.
Acrylic staple fibre prices remained stable around RMB 22500 / ton. Market speculators expect fall in acrylic staple prices in parallel with its upstream product prices and continued to avoid trading.
Demand from down stream buyers of acrylic staple fibre continued to weaken as fibre prices remain high.
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Fibre2fashion News Desk - India
marketing@alchempro.com
