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Chinese CPL market trends on Sept 15
Oct '12
In East China, cargo holders quoted the market price of caprolactam (CPL) in the range of 19,000-19,100 yuan/ton, downstream manufacturers inquired for price of around 18,800 yuan/ton, and actual negotiations took place in the range of 18,800-19,000 yuan/ton.
In CPL spot import market, prices were quoted around US$ 2,450/ton, downstream buyers bid in the range of US$ 2,400-2,410/ton, and very few actual negotiations took place in the price range of US$ 2,410-2,420/ton.
Overall, the trading atmosphere remained light in both domestic and spot import markets.

Fibre2fashion News Desk - China

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