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Chinese CPL spot import market flat on Mon
01
Nov '11
The Chinese caprolactam (CPL) spot import market appeared to be flat on October 31. Market offers were around US $3,050-3,200 / ton (CFR China main port L/C 90 days).

Downstream bids were quoted at US $3,000-3,050 / ton, actually negotiated price focused on US $ 3050 - 3,100 / ton. Trading atmosphere appeared dull, actual discussion was limited.

China's domestic caprolactam spot market was light on October 31. Offers from cargo holders ranged in between 25,500-26,000 Yuan / ton, buying sentiment was poor.

Sporadic bids were around 25,000 Yuan / ton, actually negotiated price focused on 25,500 Yuan / ton, trading atmosphere sank into stalemate, and actual negotiation was scarce.

Fibre2fashion News Desk - China

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