US-Asian arbitrage opens as ACN stocks tighten

Yan, Helen
February 2007
ICIS Chemical Business;2/19/2007, Vol. 2 Issue 54, p30
Trade Publication
The article focuses on the advantage of securing lower-priced U.S. cargoes as Asian acrylonitrile (ACN) spot prices rise steadily. Around 4,000 tonnes of U.S. material is scheduled to arrive in Asia in March, with 2,000 tonnes destined for China, and another 2,000 tonnes for southeast Asia. According to a Chinese trader, buyers are building up stocks as ACN prices are expected to further strengthen in March when the players return to the market after the Chinese New Year holidays.


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