In Asian market, Propylene price remained stable around US $1130 / ton. In Japanese market Propylene price stood at around $1090 / ton and in Korea, price was assessed around $1100 / ton. Propylene price in European market also remained steady around €930 / ton.
In Asian market, acrylonitrile price remained stable around $2080 / ton and in Chinese market, acrylonitrile price move up by RMB 200 / ton and new price stood at around RMB 17900 / ton. In Chinese spot market, raw materials supply remained tight at ports, but supply/demand fundamental was stable.
In Chinese market, Acrylic Staple Fibre remained stable around RMB 21400 / ton. In USD based market, Acrylic staple fibre prices went down, due to fall in feedstock prices. Market sentiment did not show improvement though acrylic fiber suppliers have adjusted prices downward substantially.
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Fibre2fashion News Desk - India
marketing@alchempro.com
