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In North America, the Acrylic Staple Fibre Price remained stable throughout the quarter due to weak demand from the downstream textile sector. Since the United States relies on Europe for the supply of product, limited supply resulting from the Russia-Ukraine war hampered product availability in the regional market. On the demand side, while demand increased from the carpet manufacturing sector the overall market remained stable with low offtakes from end-user textile industries. Meanwhile, the cost for feedstock Acrylonitrile and Propylene rose, following high crude oil value. As a result of the dull market for Acrylic Staple Fibre, its prices settled at USD 3120 FOB Texas inarch 2022.

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