ACN prices fall as demand drops

Yan, Helen; Brice, Andy
November 2006
ICIS Chemical Business;11/27/2006, Vol. 1 Issue 45, p30
Trade Publication
The article reports on the downward pressure facing Asian acrylonitrile (ACN) prices in 2006. This trend can be attributed to easing of supply, falling propylene prices and weak demand, according to traders. Some acrylic fiber producers have either cut operating rates or shut down their plants due to the high production costs and unfavourable market conditions, said traders. In addition, there was a nine cents/pound drop to 39 cents/pound in the U.S. November propylene chemical-grade settlement.


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