In Chinese market, Caprolactam prices continued to follow downward trend, prices again moved down by RMB 200 / ton and new prices assessed around RMB 20400 / ton.
It was noticed by the experts that CPL price was reduced by the sellers themselves to maintain sales volume.
Nylon chips prices dropped by RMB 300 / ton and new prices assessed around RMB 23000 / ton. Price of main feedstock continued to decline.
Softening Nylon chip prices reduced cost pressure on Nylon Filament yarn producers.
Nylon POY, FDY and DTY prices have remained stable at around RMB 26700 / ton, RMB 27800 / ton and RMB 29600 / ton respectively.
Click here to view and compare daily price trends.
Fibre2fashion News Desk - India
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