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Chinese domestic CPL spot market steady
May '11
RMB spot market of caprolactam was steady, cargo holders offered around 26,000-26,100 Yuan/ ton, buying interest from downstream sector was sluggish.

Some bids were made around 25,700-25,800 Yuan / ton, while actually negotiated price was around 25,800-25,900 Yuan / ton.

The spot market of caprolactam imports in China was small on May 27 and market offers were light.

Sporadic quotations were around US $3,150-3,200 / ton (CFR China main port L/C 90 days), downstream inquiries focused around US $3,100 / ton, and actually negotiated price was around US $3,120-3,150 / ton (CFR China main port L/C 90 days).

Trading atmosphere looked pale, actual negotiations were light.

Fibre2fashion News Desk - China

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