TITLE

ACN spot destined to peak in Q2 on surging demand

AUTHOR(S)
Yan, Helen
PUB. DATE
April 2007
SOURCE
ICIS Chemical Business;4/23/2007, Vol. 2 Issue 63, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Asian acrylonitrile (ACN) spot prices have climbed and are expected to rise to $1,700/tonne in the second quarter of 2007. With deep-sea supply from the U.S. and Europe decreasing because of upcoming shutdowns and unplanned outages, market speculates that prices can only trend upwards. Higher propylene feedstock numbers in the U.S. have also boosted Asian ACN prices.
ACCESSION #
24983123

 

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