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Chinese CPL spot import market stable
28
Oct '11
China's spot market of caprolactam (CPL) imports was temporarily stable on October 27. Market trading atmosphere looked dull with less actual discussion.

Market offers were around US $3050-3100 / ton (CFR China main port L/C 90 days), downstream bids focused on US $3,000 / ton and actually negotiated price was around US $3000-3050 / ton.

The Chinese RMB caprolactam spot market too was flat and was covered with wait and watch sentiment. Trading atmosphere looked dull.

Stock holders offered at around 26,300-26,350 Yuan / ton. Some bids were around 26,000 Yuan / ton, actually negotiated price focused on 26,000-26,100 Yuan / ton.

Fibre2fashion News Desk - China

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