Acrylic Market Daily (Sep 7, 2010)
China-made ACN: 17,000-17,700yuan/mt, ex-works
Spot ACN: 17,600-17,700yuan/mt, ex-tanks
ACN spot market remained stable with mainstream done level at 17,600-17,700yuan/mt, ex-tanks. The market was dull in Jiangsu/Zhejiang due to low demand and power rationing. However, ACN transactions kept fine in Shandong.
Cotton type ASF 1.5D: 20,250-20,900yuan/mt
ASF 3D: 19,900-20,650yuan/mt
Acrylic tow 3D: 20,150-20,850yuan/mt
Acrylic top 3D: 21,250-21,300yuan/mt by cash, ex-East China
In the past week, trading volume increased in Puyuan wool yarn market, especially bulk yarn. Prices mostly stayed flat despite increasing trades. Prices of a few types such as rayon yarn moved up. Affected by the brisk wool yarn market, transactions of acrylic tow and top kept stable. Cotton type ASF 1.5D was also sold better than before.
$1=CNY6.78
Spot ACN: 17,600-17,700yuan/mt, ex-tanks
ACN spot market remained stable with mainstream done level at 17,600-17,700yuan/mt, ex-tanks. The market was dull in Jiangsu/Zhejiang due to low demand and power rationing. However, ACN transactions kept fine in Shandong.
Cotton type ASF 1.5D: 20,250-20,900yuan/mt
ASF 3D: 19,900-20,650yuan/mt
Acrylic tow 3D: 20,150-20,850yuan/mt
Acrylic top 3D: 21,250-21,300yuan/mt by cash, ex-East China
In the past week, trading volume increased in Puyuan wool yarn market, especially bulk yarn. Prices mostly stayed flat despite increasing trades. Prices of a few types such as rayon yarn moved up. Affected by the brisk wool yarn market, transactions of acrylic tow and top kept stable. Cotton type ASF 1.5D was also sold better than before.
$1=CNY6.78
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