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Chinese CPL spot market light on Nov 29

30 Nov '11
1 min read

China's spot market of caprolactam (CPL) imports looked light and actual negotiations were scarce on November 29.

Market offers were in the range of US $2500-2550 / ton (CFR China main port L/C 90 days). Sporadic bids from downstream sector were around $2,500 / ton, discussion was in the range of $2450-2560/ ton.

In the domestic CPL market, buying interest was poor, trading atmosphere and actual negotiations were limited.

Cargo holders offered in the range of 22,800-23,000 Yuan / ton, bids from downstream sector focused on 22,700 Yuan / ton and talks were around 22,700-22,900 Yuan / ton.

Fibre2fashion News Desk - China

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