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Spot market of China's CPL imports appears flat
14 Dec '11
1 min read
The Chinese spot market of caprolactam (CPL) imports appeared flat, yesterday. Trading atmosphere was flat and actual negotiation was limited.
Market offers were around US $2530-2550 / ton (CFR China main port L/C 90 days), sporadic bids from downstream sector were around US $2450-2500 / ton. But, market negotiations focused on US $2500-2520 / ton.
The domestic CPL spot market too was subdued. Trading atmosphere looked light and actual market negotiation was scarce.
Cargo holders offered around 21,800-22,000 Yuan / ton, market bids focused on 21,500 Yuan / ton and market discussion centered around 21,500-21,800 Yuan / ton.
Market offers were around US $2530-2550 / ton (CFR China main port L/C 90 days), sporadic bids from downstream sector were around US $2450-2500 / ton. But, market negotiations focused on US $2500-2520 / ton.
The domestic CPL spot market too was subdued. Trading atmosphere looked light and actual market negotiation was scarce.
Cargo holders offered around 21,800-22,000 Yuan / ton, market bids focused on 21,500 Yuan / ton and market discussion centered around 21,500-21,800 Yuan / ton.
Fibre2fashion News Desk - China
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