• Linkdin

CPL import spot market flat on Friday

16 May '11
1 min read

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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