In Asian market, propylene price remained stable around US $1130 / ton. Propylene price in European market was assessed around €920 / ton and in Japanese and Korean market also, it remained steady $1110 / ton.
Now sellers are forced to reduce their offer price. US propylene market too displayed calmness.
Acrylonitrile (ACN) price was quoted around $2050 / ton. Sellers preferred to hold the goods with expectations of tightened supplies in the next month.
In Chinese market, Acrylic Staple Fibre price stood steady around RMB 20900 / ton. Import price was assessed around $2.60-2.65 / kg (CIF CMP) mark for general type tow and staple.
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Fibre2fashion News Desk - India
marketing@alchempro.com
