Acrylonitrile Daily in China (27 Dec 12)

China ACN market, sentiment rolled over. At East China port, talks were at around 13,300-13,400 yuan/ton self-lifting. As producers continued to hold their positions, and offers in USD-based ACN market were pegged at high levels, no obvious beariness was seen, though trading atmosphere was insipid. Spot transaction atmosphere in USD-based ACN market was thin and no deal was heard done. Major traders showed little interested in spots and focused on contract volumes.