NA ACN spot prices narrow on market sentiment, demand

30 March 2012 21:50  [Source: ICIS news]

HOUSTON (ICIS)--North American acrylonitrile (ACN) spot prices narrowed to $2,200–2,250/tonne (€1650–1,688/tonne), market sources confirmed on Friday.

Sources said the narrowing of the spot price range was due to narrowing global pricing and improving demand.

The spot range had been $2,125–2,280/tonne.

The March contract prices should be determined after the April propylene contract prices are established.

North American ACN producers include Ascend Performance Materials, Cornerstone Chemical, INEOS Nitriles and Unigel.

($1 = €0.75)

By: Wesley Busch
+1 713 525 2653

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