Interviews
CPL Yuan spot market stable
22 Dec '10
1 min read
Yuan spot market of caprolactam was stable and was quoted at 23,500 Yuan / ton, seller's intention of delivery increased, but buyer's intention was still around 23,300 Yuan / ton. The downstream sector was however, cautious towards purchase.
The US dollar CPL market was firm and holder's intention was above US $2,870 / ton, while counteroffers were around US $2,850 / ton, actual trading was deadlocked.
Currently, Baling Petrochemical is operating at full capacity and operational rate of Nanjing Orient is about 90 percent.
The US dollar CPL market was firm and holder's intention was above US $2,870 / ton, while counteroffers were around US $2,850 / ton, actual trading was deadlocked.
Currently, Baling Petrochemical is operating at full capacity and operational rate of Nanjing Orient is about 90 percent.
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