In Chinese market, Caprolactam (CPL) price remained stable around RMB 21950 / ton. In Asian market, restocking demand supported the spot buying sentiment and spot offers increased to US $2620-2630 / ton and deals were reported in the range of $2590-2630 / ton.
In Chinese market, Nylon chip price remained steady around RMB 24000 / ton.
Nylon POY, FDY and DTY price remain steady around RMB 26400/ton, RMB 27700/ton and RMB 29200/ton respectively.
With stabilizing feedstock markets and current favorable margins, we expect prices to remain close to the current level in the near term.
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Fibre2fashion News Desk - India
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