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CPL dips from historical height, nylon chip stable
Nov '10
Benzene price declined to around US $945 / ton. In Chinese domestic market, price was quoted around RMB 6650 / ton and in Korean market it was assessed in the range of $940-945 / ton. In Rotterdam market, price declined by $10 and stood around $970-980 / to. In European spot market, initial November benzene price was discussed around €703 / ton.

Price of Nylon POY, FDY and DTY were stable in Chinese domestic market at RMB 27400 / ton, RMB 28400 / ton and RMB 30500 / ton, respectively. Speculators expect price to remain firm in short term future.

Caprolactam market declined from historical height of $2800 / ton and offer price was largely quoted around $2750 / ton but traded in the range of $2720-2740 / ton. Offer price of CPL in Chinese domestic market declined to RMB 22500 / ton. CPL in Chinese spot market sentiment declined around $2720-2730 / ton.

Nylon chip was stable around RMB 24600 / ton in Chinese market, however offer price was in the range of RMB 24400 / ton. In export market, price was in the range of $2850-2875 / ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk-India

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