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Chinese CPL trends up. Nylon chip prices steady
04
Aug '10
In Chinese market, Caprolactam (CPL) prices moved up by RMB 300 / ton and new prices assessed around RMB 21500 / ton. CPL cargoes imported from the Japanese and N W European market were assessed in the range of US $2320-2350 / ton.

Nylon chips prices remained stable around RMB 23100 / ton. Due to higher feedstock price, Taiwanese high speed spinning nylon chip producers increased their contractual offer for August in the range of $2630-2650 / ton.

Nylon POY, FDY and DTY prices remained stable around RMB 25100 / ton, RMB 26000 / ton and RMB 28200 / ton respectively. It is expected that values for nylon filament yarns will keep rising marginally in the coming weeks.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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