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CPL import spot market flat on Friday
16
May '11
The import spot market of caprolactam was flat, market supply was limited, offers from holders were limited, and some offers were around US $3,330 / ton (CFR China main port L/C 90 days).

Inquiries from downstream market were around US $3,300 / ton; actually negotiated price was around US $3310-3320 / ton (CFR China main port L / C 90 days). Trading atmosphere was plain in the market, practical talk was light.

The RMB spot market of caprolactam was light on May 13.Offers from holders were around 26,800-27,000 Yuan / ton, while lower reaches were cautious towards acceptance.

Sporadic bids were around 26,800 Yuan / ton, actually negotiated price was about 26,900 Yuan / ton, trading atmosphere looked light, actual negotiation was scarce.

Fibre2fashion News Desk - China

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