Last week, ACN prices went down due to weaker feedstock propylene values and dull regional demand sentiments.
On Friday, ACN prices of CFR India were assessed in the range of USD 1010-1030/MT which were harshly declined by USD 150/MT as compared to previous week’s closing prices.
Feedstock Propylene Prices decreased last week in Asia. Prices fell on back of weaker upstream crude values coupled with dull regional demand sentiments.
Propylene prices were assessed at the level of USD 690/MT CFR China, sharp fall of USD 65/MT. FOB Korea prices were assessed around USD 640/MT, sharp fall of 75/MT.
