01 April 2009 05:38 [Source: ICIS news]
SINGAPORE (ICIS news)--Asian adipic acid contracts for March have been rolled over at $1,000-1,050/tonne (€750-787.50/tonne) cost and freight (CFR) NE Asia, unchanged from February due to weak downstream demand, buyers and sellers said on Wednesday.
April term offers have been announced at $1,400/tonne CFR NE Asia on the back of firming feedstock benzene prices.
Adipic acid is used to make nylon 6,6 and polyurethane (PU).
($1 = €0.75)
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