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CPL Yuan spot market stable
Dec '10
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.

Fibre2fashion News Desk - China

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