Home / Knowledge / News / Textiles / Chinese CPL market appears firm
Chinese CPL market appears firm
07
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

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search