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ACN supply to get tighten in near future

ACN supply to get tightened in Asian market due to turnaround in many of the Asian nations. China, which is a net ACN importer, is recently active in export discussions as domestic availability has improved following restarts of major facilities in January.

ACN prices were assessed at an average of $1,385/tonne CFR (cost & freight) China, down $5/tonne from the previous week.

Supply in the Chinese domestic market was tight in January but has since improved as plants have resumed operations.