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CPL spot import & domestic market weak on Nov 22
Nov '11
China's spot import as well as spot domestic caprolactam (CPL) market was weak on November 22. Trading atmosphere was poor in the market, actual negotiations were scarce.

In the spot import market, offers were around US $2,730-2,760 (CFR China main port L/C 90 days), sporadic bids from downstream sector were around US $2,700 / ton. Actually negotiated price focused on US $2,700-2,710 / ton.

In the domestic spot market, CPL cargo holders offered around 23,300-23,600 Yuan/ ton, downstream inquires were around 23,000 Yuan / ton, actually negotiated price focused on 23,000-23,600 Yuan / ton.

Fibre2fashion News Desk - China

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