Home / Knowledge / News / Textiles / Chinese CPL prices marginally up last fornight
Chinese CPL prices marginally up last fornight
21
Oct '13
The prices of caprolactam (CPL), primarily used in the manufacture of synthetic fibres, especially Nylon 6, were marginally up in the last fornight compared to the corresponding period of last year.
 
The average CPL price in the fortnight ending October 15 in China were US$ 2400/ton, maginally higher than the price of US$ 2385/ton prevailing during the corresponding period of last year. The average CPL price during the fortnight ending September 30 was US$ 2380/ton.
 
During the first half of last fortnight, CPL trading sentiments remained lackluster in the Chinese market, as majority of market participants stayed away from the market during the National Day holidays.The mainstream offers for CPL were in the range of US$ 2410/ton to US$ 2420/ton, while trade prices were assessed between US$ 2395/ton and US$ 2405/ton during the first half.
 
In the second half of last fortnight, CPL suppliers slightly increased offer prices and mainstream offers for CPL were in the range of US$ 2410/ton to US$ 2420/ton, while trade prices were assessed between US$ 2400/ton and US$ 2410/ton.
 
CIF China prices from Europe were in the range of US$ 2350-2420/ton in the last fortnight, stable as compared to the previous fortnight.
 
CIF China prices from Japan were at US$ 2380-2430/ton during the fortnight ending October 15, lower by 0.62 percent as compared to the previous fortnight, while prices from South Korea were assessed at US$ 2380-2430/ton, higher by 0.84 percent as compared to the previous fortnight.
 
During the ongoing fortnight, CPL prices in China are expected to remained stable-to-firm due to tight supply and robust demand from the downstream market.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Shopper Stop

Apparel/Garments | On 30th Mar 2017

Contactless payments at Shoppers Stop

India's leading fashion retailer Shoppers Stop has entered into a...

Textiles | On 30th Mar 2017

Cotton target price kept unchanged in Xinjiang

China’s National Development and Reform Commission (NDRC) has kept...

Apparel/Garments | On 30th Mar 2017

FY17 net sales grow 1.8% at G-III Apparel Group

For the fiscal ended January 31, 2017, net sales at apparel marketer...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search