Taiwan origin 3D bright ASF tow offers were flat in the fourth week of June while offers for regular products rolled over during the week.
In China, medium-length staple fiber and cotton-type staple prices remained unchanged on the week.
Acrylic staple fibre markets saw cost support fading, as the uptrend in acrylonitrile prices slowed down while downstream demand was still lackluster. In China, ASF producers continued to run at reduced rates, to relieve inventory pressure.
Taiwan origin 3D bright ASF tow offers were flat in the third week of June while offers for regular products rolled over during the week.
Acrylic staple fibre markets saw cost support fading, as the uptrend in acrylonitrile prices slowed down while downstream demand was still lackluster.
In China, medium-length staple fiber and cotton-type staple prices remained unchanged on the week. ASF producers continued to run at reduced rates, to relieve inventory pressure. Participants who were bullish earlier, were now frustrated by weaker‐than‐expected yarn and fabric markets.
In China, medium-length staple fiber and cotton-type staple prices rolled over in the second week of June.
Taiwan origin 3D bright ASF tow offers were stable at US$1.55-1.65 a kg while offers for regular products were at US$1.50-1.55 a kg, both rolling over last week.
Acrylic staple fibre prices remained stable on the week although acrylonitrile cost surged over past few week which has put ASF margins into red. Thus, ASF run rate was cut in China. Overall, trading activity was mute, given low buying interest ahead of the Dragon Boat Festival early in the week.
In China, medium-length staple fiber and cotton-type staple prices rolled over in the first week of June.
Jilin Chemical Fiber released ASF settlement prices for May with 1.5D at 12.75 Yuan a kg (US$1.94 a kg), medium‐length at 12.70 Yuan a kg (US$1.93 a kg) and tow at 13.50 Yuan a kg (US$2.05 a kg).
Acrylic staple fibre prices stayed unchanged on the week despite upstream acrylonitrile cost surging during the week. In China, fresh ASF list prices for early June were released, flat over May settlement prices.
In China, medium-length staple fiber and cotton-type staple prices rolled over in the last week of May.
Anqing Petrochemical and Qilu Petrochemical nominated 1.5D cotton-type fiber at US$1.90 a kg and US$1.84 a kg, respectively.
Strong uptrend in acrylonitrile prices has been asserting heavier pressure on acrylic staple fibre producers. However, due to weak sentiment in downstream and terminal markets, liquidity remained insipid.
In China, May settlement prices were released at flat levels to the list prices while sentiment generally changed marginally.
In China, medium-length staple fiber and cotton-type staple prices rolled over in the third week of May. Taiwan origin 3D bright ASF tow was offered at US$1.55-1.65 a kg while offers for regular products were traded at US$1.50-1.55 a kg, both unchanged from last week.
Acrylic staple fibre prices remained range bound that week, although upstream acrylonitrile cost has been climbing steadily over the past few weeks. Firming ACN prices also meant cost support to ASF makers.
In China, medium-length staple fiber and cotton-type staple prices rolled over in the second week of May.
Anqing Petrochemical and Qilu Petrochemical nominated 1.5D cotton-type fiber at 12.45 Yuan a kg (US$1.91 a kg) and 12.05 Yuan a kg (US$1.85 a kg), respectively.
Acrylic staple fibre prices managed to remain range bound in Asian markets although downstream buying interest was low for lack of bullish signs and positive expectations.
In China, medium-length staple fiber and cotton-type staple prices were steady in the last week of April.
Anqing Petrochemical and Qilu Petrochemical nominated 1.5D cotton-type fiber at 12.45 Yuan a kg (US$1.93 a kg) and 12.05 Yuan a kg (US$1.87 a kg), respectively.
Acrylic staple fibre prices rolled over firmly given the rise in acrylonitrile cost and stable downstream demand.
Downstream buyers mainly covered their immediate requirements due to thin orders while overall market atmosphere was just modest.
Taiwan origin 3D bright ASF tow prices were flat in the third week of April while offers for regular products were at US$1.50-1.55 a kg. In China, medium-length staple fiber and cotton-type staple prices were steady during the week.
Acrylic staple fibre markets in Asia were calm and amid lackluster trading atmosphere as downstream mills maintained low procurement given weak terminal demand. Meanwhile, inventory piled up slightly in China, and prices rolled over.
In China, medium-length staple fiber and cotton-type staple prices were steady in the second week of April. Taiwan origin 3D bright ASF tow prices were at US$1.55-1.65 a kg while offers for regular products were at US$1.50-1.55 a kg, with negotiable firm deals. Sinopec issued list prices flat for April.
Acrylic staple fibre prices continued to remain sticky despite two consecutive weeks of rise in upstream acrylonitrile prices. It is apparent that ASF markets lack substantial supports. In China, trading atmosphere was modest, seeing producers liquidate volumes at prevailing prices.
