Asian acrylonitrile marker the CFR Far East Asia further surged US$20 a ton in the third week of December.
In China, offers for offshore cargoes were at unchanged at US$1,150-1,200 a ton.
Acrylonitrile markets in Asia continued to remain driven by short supply of prompt cargoes as lower run rates hit supplies.
In China, offers rose amid market concerns about tight availability of prompt cargoes.
Asian acrylonitrile marker the CFR Far East Asia jumped US$80 a ton while Southeast Asia was up US$20 a ton in the second week of December.
In China, offers for offshore cargoes were up US$50 a ton on the week.
Acrylonitrile prices in Asian markets were driven by demand for scarce prompt cargoes. At the same time, domestic prices in East China hovered at around import parity basis.
Because of the import parity level, several producers estimated offers would be higher than CFR Far East.
In China, offers for offshore cargoes were up US$40-50 a ton in the first week of December.
Asian acrylonitrile marker the CFR Far East Asia was assessed flat on the week at US$1,049-1,051 a ton while Southeast Asia was at US$929-931 a ton.
Acrylonitrile prices were firm in NE Asia and weak in SE Asia/India that week. Tight supply in Taiwan/China bolsters NE Asian prices while deepsea cargo arrivals depressed prices in SE Asia/India.
In US, export prices rolled over on the week to an assessment of US$820-830 a ton in the last week of November.
Export assessment was flat for a third straight week with supply-demand fundamentals balanced. Spot was flat as global pricing were mixed and values reaching floor.
In Europe, acrylonitrile spot prices held steady at US$898-902 a ton CIF Mediterranean.
European acrylonitrile spot pricing maintained strength on the week on price increase in Asia while arbitrage to the region was not enviable.
Asian acrylonitrile markers climbed further US$10-30 a ton CFR Far East Asia in the third week of November while India FOB was at US$950-1,050 a ton.
The Southeast Asia was up at US$954-956 a ton. In China, offers for offshore cargoes rose to US$1,100 a ton.
Acrylonitrile was dearer across the Asian markets that week amid a dearth of supply and tight China supply triggered surge.
Deepsea cargoes availability however, curbed hike in prices in SE Asia and India.
Asian acrylonitrile marker climbed further US$10 a ton CFR Far East Asia and Southeast Asia in the second week of November.
In China, offers for offshore cargoes stood at US$1,000-1,030 a ton.
Acrylonitrile prices rose in Asian markets on tight supply and higher prices in China. However the CFR Southeast Asia and CFR South Asia markers remained unchanged on the week amid weak buying sentiment as end-users reduced operating rates or delayed buying decisions on expectations of weaker prices in January.
In the first week of November, Asian acrylonitrile marker climbed US$10 a ton CFR Far East Asia while Southeast Asia was steady at US$940-942 a ton.
In China, spots offers remained unchanged on the week.
Acrylonitrile prices rose in Asian markets as supplies were tightened by plant shutdown in China.
The Chinese market firmed up as domestic producer Shanghai Secco suffered an unexpected shutdown at its ACN plant on 1 November due to a power outage.
By that weekend, the plant was still in the process of restarting.
In the fourth week of October, Asian acrylonitrile markers continued to remain flat at US$998-1,000 a ton CFR Far East Asia and US$964-966 a ton Southeast Asia. In China, spots offers remained unchanged.
Firm propylene prices provided more support to acrylonitrile markets that week along with improved downstream buying interest. Asian prices rolled over firmly.
Run rate in ASF producers was down while ABS market remained stable, although prices inched down in some cases.
Buying interest from acrylamide producers picked up slightly, stimulated by better enduser.
In US, export assessment fell US$35 a ton FOB USG in the third week of October.
Acrylonitrile export assessment in US continued to plunge as demand waned rapidly.
European acrylonitrile spot price declined US$52 a ton CIF Mediterranean on the week.
Acrylonitrile prices in Europe declined further on weak demand and poor cost support.
In China, spots offers remained unchanged.
Acrylonitrile markets in Asia were steady and prices remained flat on the week, although upstream propylene prices jumped 14 per cent during the week.
Asian acrylonitrile markers rolled over in the second week of October. In China, spots offers also remained unchanged.
Acrylonitrile prices were flat in Asian markets after plunging in the previous week. In China, almost all major producers offered flat this week.
Downstream demand was lukewarm as run rate in ASF producers was close to 100 per cent.
ABS market remained weak given lusterless demand, and prices dropped for some specs.
Acrylamide producers ran with reduced rates on poor end user demand and thin trades.
