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China's domestic CPL market remains subdued
25
Sep '12
The domestic caprolactam (CPL) market in East China was subdued on September 24.
 
Cargo holders quoted CPL price in the range of 19,300-19,500 Yuan/ton, while downstream buyers inquired for price of around 19,200 Yuan/ton.
 
Trading atmosphere remained subdued and limited number of actual negotiations took place in the range of 19,200-19,300 Yuan/ton.
 
In the spot import market, cargo holders quoted CPL price of around US$ 2,450/ton and downstream manufacturers bid for price of around US$ 2,420/ton, while actual negotiations were in the range of US$ 2,420-2,430/ton. However, actual transactions were scarce.
 

Fibre2fashion News Desk - China

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