Asian acrylonitrile marker, the CFR Far East Asia fell US$20 a ton in the first week of March. In China, sporadic offers for offshore cargoes were down US$50 a ton CFR China on the week, but buyers were mainly on the sideline.
Acrylonitrile prices declined in Asian markets amid oversupply while sentiment was bearish on expectations that the additional capacities, which came on-stream in China would continue to depress spot prices further, and limit imports of prompt spot cargoes.
Asian acrylonitrile marker, the CFR Far East Asia and Southeast Asia were down US$30 a ton in the last week of February.
In China, sporadic offers for offshore cargoes were at US$990-1,000 a ton CFR China. Buyers were mainly on the sideline, and were noncommittal to deep-sea cargoes due to long freight period.
Acrylonitrile prices were lower week on week amid thin spot activity and stable to lower domestic markets in China which was flat to softer on the week. Meanwhile, US origin cargoes were offered amid tight supply.
Asian acrylonitrile marker, the CFR Far East Asia and Southeast Asia was down US$15 a ton in the third week of February. In China, offers for offshore cargoes were at US$1,000-1,050 a ton CFR China.
Acrylonitrile prices dipped in Asian markets as buyers expected prices to fall further. Spot activity was mute after Lunar New Year holidays.
Downstream demand was lusterless as run rate at ASF producers was still below 100% while ABS demand was yet to recover. Acrylamide prices held flat, thus demand remained weak.
Asian acrylonitrile marker, the CFR Far East Asia was flat in the second week of February at US$979-981 a ton while Southeast Asia was at US$899-901 a ton.
In China, offers for offshore cargoes were at US$1,000-1,050 a ton CFR China. In East China, domestic prices stood at 7,800-7,900 Yuan a ton.
Acrylonitrile prices in Asian markets remained flat in thin activity during the holiday week. In China, spot market was lusterless amid tight supply.
Asian acrylonitrile marker, the CFR Far East Asia was down US$15 a ton while Southeast Asia was down US$25 a ton in the first week of February.
In China, offers for offshore cargoes were stable at US$1,000-1,050 a ton CFR China. In East China, domestic prices stood at 7,800-7,900 Yuan a ton.
Acrylonitrile prices in Asian markets were flat to lower week on the week amid thin activity and ample cargoes which Chinese market was closing for a long Lunar New Year holidays.
Asian acrylonitrile marker, the CFR Far East Asia and Southeast Asia partially regained US$20 a in the last week of January.
In China, offers for offshore cargoes were stable at US$1,000-1,050 a ton CFR China after falling sharply by US$150 previous week. In East China, domestic prices stood at 7,700-7,900 Yuan a ton.
Acrylonitrile prices moved up further in Asia on tight availability and firmer Chinese market. However, thin spot activity due to Chinese holidays limited the rise while plants ran at reduced rates.
Asian acrylonitrile marker, the CFR Far East Asia declined US$85 a ton in the third week of January.
In China, offers for offshore cargoes fell US$150 a ton CFR China from previous week. In East China, domestic prices stood US$974-$987 a ton on an import parity basis.
Acrylonitrile prices in Asian markets declined sharply on weaker demand and falling Chinese domestic prices falling for successive days.
ACN suppliers in China continued to cut spot offers that week resulting in wait-and-see sentiment dominating the market.
Asian acrylonitrile marker the CFR Far East Asia moderated US$50 a ton while Southeast Asia was up US$5 a ton in the second week of January.
In China, offers for offshore cargoes were at US$1,100, seeing cautious buying interest. Buyers were noncommittal to deep-sea cargoes due to long freight period.
Acrylonitrile prices fell in Far East Asian markets as supply increased in China, on new plant start up supply. In China, domestic price also fell while those in Southeast and South Asia remained unchanged.
Asian acrylonitrile markers the further moderated US$30 a ton CFR Far East Asia and Southeast Asia in the first week of January.
In China, offers for offshore cargoes were flat at US$1,150-1,200 a ton as buyers bought hand to mouth, and were noncommittal to deep-sea cargoes due to long freight period.
Acrylonitrile prices in Asia fell further amid thin activity and on concerns of fresh supplies in China.
Asian acrylonitrile marker the CFR Far East Asia moderated US$20 a ton while Southeast Asia fell US$35 a ton in the last week of December 2015.
In China, offers for offshore cargoes were unchanged at US$1,150-1,200 a ton.
Acrylonitrile spot markets in Asia remained snug, while buying interest was lusterless. Buyers bought hand to mouth volume, and were noncommittal to deep-sea cargoes due to long freight period.
In China, ACN suppliers slightly lowered their offers during the week. Downstream demand was insipid during the week as run rate at ASF producers remained high.
