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China's CPL spot import prices rise marginally

21 Dec '11
1 min read

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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