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CPL spot import market stable
22
Jun '11
China's spot market of caprolactam imports was stable on June 21, selling remained strong, although crude oil continued to fall.

Mainstream offers were around US $3,260-3,280 / ton (CFR China main port L/C 90 days). Downstream buying was subdued, a few bids were below US $3,240/ ton and actual negotiation was around US $3,250 / ton.

Spot market of caprolactam in RMB was light, market offers were around 26,300-26,500 Yuan / ton, downstream bids were around 26,100-26,200 Yuan / ton, and actually negotiated price was around 26,300 Yuan / ton.

Fibre2fashion News Desk - China

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