Interviews
CPL spot import market flat on May 19
20 May '11
1 min read
The Chinese domestic spot market of caprolactam remained in downturn on May 19.
Cargo holders cut their offer level to about 26,200-26,300 Yuan / ton. However, downstream sector showed less interest in purchases.
Sporadic bids were around 26,000 Yuan / ton, actually negotiated price was around 26,000-26,200 Yuan / ton, market transaction was depressed, and actual negotiation was scarce.
Spot market of caprolactam imports was flat; offers from cargo holders were light.
Some offers fell to US $3,250-3,260 / ton (CFR China main port L/C 90 days). Inquires from downstream sector was around US $3,200 / ton.
Actually negotiated price was around US $3230-3240/ ton (CFR China main port L/C 90 days). Trading atmosphere looked light, actual negotiation was limited.
Cargo holders cut their offer level to about 26,200-26,300 Yuan / ton. However, downstream sector showed less interest in purchases.
Sporadic bids were around 26,000 Yuan / ton, actually negotiated price was around 26,000-26,200 Yuan / ton, market transaction was depressed, and actual negotiation was scarce.
Spot market of caprolactam imports was flat; offers from cargo holders were light.
Some offers fell to US $3,250-3,260 / ton (CFR China main port L/C 90 days). Inquires from downstream sector was around US $3,200 / ton.
Actually negotiated price was around US $3230-3240/ ton (CFR China main port L/C 90 days). Trading atmosphere looked light, actual negotiation was limited.
Fibre2fashion News Desk - China
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
