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China's CPL spot import prices rise marginally
21
Dec '11
China's spot caprolactam (CPL) import market rose slightly. Trading atmosphere was acceptable and actual negotiations were moderate.

CPL spot import offers were about US $2600 / ton (CFR China main port L/C 90 days). Downstream bids were in the range of $2500-2520 / ton and negotiated price was around $2,550 / ton.

On the other hand, China's spot CPL domestic market was flat yesterday on December 20, trading atmosphere looked subdued, actual negotiations were scarce.

Cargo holders offered in the range of 21,300-21,500 Yuan / ton, downstream bids were around 21,200 Yuan / ton and negotiated price ranged between 21,200-21,300 Yuan / ton.

Fibre2fashion News Desk - China


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