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Acrylonitrile prices hit high last seen in April 2012

Related Keywords: Acrylonitrile price in Asia, Acrylonitrile price in Europe, Acrylonitrile price in USA, chemical grade propylene, Propylene price in Asia, Propylene price in Europe, Propylene price in USA

In the week ending 29 August, acrylonitrile prices were seen hitting more than two-year high in Asian and European markets amid continued tightening of regional and global supply. Prices have been on the rise for the last 16 weeks on active demand in a short supplied market.

Acrylonitrile prices touches 9-month high in Europe, US

Related Keywords: Acrylic fiber price in Asia, acrylic staple fiber price, acrylonitrile price, Acrylonitrile price in Asia, Acrylonitrile price in Europe, Acrylonitrile price in USA, propylene price, Propylene price in Asia, Propylene price in Europe, Propylene price in USA

Acrylonitrile prices rose in Asian markets in the week ended 24 January, tracking higher production costs and tightening supplies. However, trades were scarce amid cautious buying sentiment in the week. In Europe, spot prices for acrylonitrile rose to a nine-month high on tighter supply fundamentals. Meanwhile in US domestic acrylonitrile prices also jumped to a nine-month high on higher feedstock propylene cost. Asian acrylonitrile markers surged US$30-40 with CFR Far East Asia to be assessed at US$1,979-1,981 a ton while CFR South East Asia moved up to US$1,960.

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