|Acrylonitrile price in China to remain low in H2 2021: TexPro
02
Jul '21
Acrylonitrile (ACN) price in the Chinese market is expected to remain slightly low in the second half (H2) of 2021 as the operating rate of acrylic fibre plant will remain low. This may affect the demand for ACN. Settlement prices are higher than market anticipation, hence the demand may not recover. Also, downstream buyers are not willing to pay.
Acrylonitrile (ACN) price in the Chinese market is expected to remain slightly low in the second half (H2) of 2021 as the operating rate of acrylic fibre plant will remain low. This may affect the demand for ACN. Settlement prices are higher than market anticipation, hence the demand may not recover. Also, downstream buyers are not willing to pay.
This according to Fibre2Fashion's Market Intelligence Tool - TexPro