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China's domestic CPL market remains subdued
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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