Home / Knowledge / News / Textiles / Weak fundamentals pull down Chinese CPL prices last week
Weak fundamentals pull down Chinese CPL prices last week
07
Oct '14
Chinese caprolactam (CPL) prices dipped in the previous week ending Oct 2, from weak market fundamentals and bearish sentiments.

The Chinese CPL market showed weak consolidation and prices declined as poor downstream demand and thin trading activity during last week.

Chinese CPL suppliers reduced offer prices during the week under review, however downstream buyers were still cautious and showed no enthusiasm in replenishment of stocks.

Mainstream offers for CPL in the USD market were in the range of US$ 2160/ton to US$ 2170/ton, while trade prices were estimated between US$ 2150/ton to US$ 2160/ton last week.

In the Chinese domestic market, CPL prices were assessed in the range of RMB 15,900/ton to RMB 16,200/ton, but traded prices were around RMB 16,000/ton to RMB 16,100/ton.

Fibre2fashion News Desk - India


Must ReadView All

Pakistan’s FBR imposes 5% sales tax on cotton import

Textiles | On 21st Jul 2018

Pakistan’s FBR imposes 5% sales tax on cotton import

Pakistan’s Federal Board of Revenue recently withdrew sales tax...

Bangladesh drafts policy for Tk1,000 cr govt jute fund

Textiles | On 21st Jul 2018

Bangladesh drafts policy for Tk1,000 cr govt jute fund

Bangladesh will set up a Tk10,000-crore Jute Sector Development Fund...

Ahmad A. Al Sa’adi and Kwon Pyung-Oh display a comprehensive Memorandum of Understanding; Courtesy: Saudi Aramco

Textiles | On 21st Jul 2018

Saudi Aramco, KOTRA sign MoU for business cooperation

Saudi Aramco has signed an MoU with the Korea Trade-Investment...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Manoj Sorathiya

Surat-based Sunrise Imports & Exports Co is a manufacturer and...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search