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Chinese CPL output marginally up in Nov
08
Dec '11
China's domestic caprolactam (CPL) production grew marginally in November from that in its previous month.

November CPL output stood at about 39,100 tons in November 2011, a slight increase of 0.77 percent from 38,800 tons in October, according to statistics.

Meanwhile, Chinese CPL producers have reaped rich profits in 2011, as prices zoomed from 24,000 Yuan/ ton to 32,000 Yuan / ton from January to April and stayed in the range of 30,000 Yuan / ton in June to July.

Their profit per ton was over 10,000 Yuan / ton in those periods. Although caprolactam price has now dropped to about 24,000 Yuan / ton, CPL producers still have decent profit margins.

Fibre2fashion News Desk - China

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