High Acrylonitrile price weakens demand in Delhi market, price remains stable

Prevalence of high Acrylonitrile price in the Delhi market has enabled only large buyers to purchase the chemical, restricting smaller buyers from purchasing it on account of cost considerations. Demand for the chemical, thus, continued to remain dull, although slight improvement was observed today on purchases by large buyers, while, small and medium-sized buyers had to wait for some moderation in the price. One of the traders in the market told Indianpetrochem, "The weak demand has resulted not only from the price being high, but also due to slowdown of the automobile industry and air-conditioner manufacturers almost stopping productions due to the winter season."
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