Asia ACN market sees a V-shape rebound; limited supply to support market

摘要

SINGAPORE (ICIS)--Asia acrylonitrile (ACN) supply is expected to tighten in coming months amid heavy turnarounds in the region after prices saw a V-shape rebound since mid-July amid restocking activities. Spot ACN prices rose by 6.7% from mid-July to $1,580-1,620/tonne CFR 9cost & freight) NE (northeast) Asia in the week ended 9 August, according to ICIS.