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Acrylic staple fibre price expected to rise by June 2021: TexPro
10
May '21
The price of acrylic staple fibre, CIF NE Asia, increased from $2.11 per kg in January 2021 to $3.04 per kg in April 2021, recording a surge of 44.08 per cent due to the rising prices of feedstock materials such as acrylonitrile. It is expected to rise further by 14.14 per cent to reach $3.47 per kg by June 2021 over the price of April 2021.
The price of acrylic staple fibre, CIF NE Asia, increased from $2.11 per kg in January 2021 to $3.04 per kg in April 2021, recording a surge of 44.08 per cent due to the rising prices of feedstock materials such as acrylonitrile. It is expected to rise further by 14.14 per cent to reach $3.47 per kg by June 2021 over the price of April 2021.