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Caprolactam prices touch historic highs
18
Nov '10
Benzene price was stable around US $915-920 / ton in S E Asian market. In Chinese market price touched the level of $920 / ton and in Korean market, it was in the range of $915-925 / ton.

Price of Nylon DTY was stable at RMB 32800 / ton. Price of Nylon POY and FDY increased by RMB 100 in Chinese domestic market and stood at RMB 29500 / ton and RMB 32000 / ton, respectively. Price is expected to remain stable in near future.

Caprolactam offers in Chinese domestic market declined to RMB 23400 / ton. Price of CPL in Chinese exports market increased to $3000 / ton which is a historic high level. The bubble is likely to burst because buyers are resisting at such levels.

Nylon chip was unchanged in Chinese domestic market and was quoted around RMB 26000 / ton. Nylon chip prices have remained stable since the last one week.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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