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Daily round-up of Asian nylon value-chain
23
Jun '10
In Chinese market, Caprolactam prices continued to follow downward trend. Prices again moved down by RMB 100 / ton and new prices assessed around RMB 19800 / ton.

Upstream market continued to follow corrections. Caprolactam buyers waited for direction from contract market and followed wait and watch stance.

Nylon chips prices moved down in parallel with its upstream product. Nylon chip price moved down by RMB 200 / ton and new prices assessed around RMB 22600 / ton. In the short term future, minor correction is still expected by speculators.

Nylon POY, FDY and DTY prices moved down by RMB 200 / ton, RMB 500 / ton and RMB 300 / ton respectively and new prices assessed around RMB 26500 / ton, RMB 27300 / ton and RMB 29300 / ton respectively.

Market speculator expected a further fall in Nylon filament yarn prices.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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