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Markets :: Basic Chemicals :: Petrochemicals :: Acrylonitrile
10:22 AM MDT | June 16, 2008 | Chemical Week Editorial Staff
Prices U.S.: 97 cts-100 cts/lb, freight equalized, June contracts EUROPE: €1,665-€1,705/m.t., second-quarter contracts ASIA: $1,990-$2,080/m.t., cfr Asia, May-June contracts Outlook Global acrylonitrile demand has softened as rising feedstock costs have led acrylic fiber producers to reduce operating rates and, in some cases, look for less-expensive alternatives to acrylo, market sources say. Acrylic fiber is the largest end-use for acrylo, accounting for nearly 50% of acrylo demand. “The biggest concern for acrylonitrile producers right now is...
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