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CPL spot import market stable
22 Jun '11
1 min read
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.
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.
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