Tuesday 10 September 2013

Weak Acrylonitrile demand prompts traders shun replenishment of stocks in Delhi market

Sep 06: High Acrylonitrile price in the Delhi market resulted in not only the sales lessening but also traders in the market maintaining less stocks. Traders in the Delhi market told Indianpetrochem that sales of Acrylonitrile were lessening in the market due to the price of the chemical was considerably high, and only large buyers purchased the chemical, while the small and medium buyers postponed their purchase schedules, adopting a wait-and-watch stance. Acrylonitrile was sold today in the Delhi market at around Rs 172 a kg. 
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