Interviews
Chinese CPL spot import market stable
28 Oct '11
1 min read
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.
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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