Home / Knowledge / News / Textiles / Chinese CPL market appears firm
Chinese CPL market appears firm
Mar '11
February first-quality Caprolactam (CPL) listing price of companies under Sinopec was 26,800 Yuan / ton (shipment by buyers). The price is up by 1,200 Yuan / ton, compared with revised listing price 25,600 Yuan / ton of January.

Baling Petrochemical has maintains 100 percent capacity utilization rate of its two lines, with production capacity of 180,000 tons / year.

Shijiazhuang Chemical Fiber increased its utilization rate of the newly started two lines, with a total caprolactam capacity of 165,000 tons / year) to 60 percent.

Ex-factory price of CPL from Nanjing East has risen to 29,000 Yuan / ton (shipment by buyers in terms of 3-month acceptance). This is a rise of 200 Yuan / ton compared with 28,800 Yuan / ton in previous time.

US offers in CPL import spot market grew to US $3,600 / ton or higher, negotiated prices for bonded cargo are about $3580-3600 / ton, buyers' inquires are at $3560-3580 / ton, while transaction price is $3580-3590 / ton.

In domestic RMB spot market, holders mostly expressed their intention firm at about 29,000 Yuan / ton, actually negotiated price was 28,800-29,000 Yuan / ton and transaction price was around 28,900 Yuan / ton.

Spot market prices in import and domestic market are firm. Low-cost supply has declined; downstream inquiries have slightly improved, but are mostly small and medium size deals. Market participants expect that short-term market sentiment may basically be strong.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search