China's caprolactam (CPL) spot import market experienced light trading atmosphere on January 3. Cargo operators gradually returned to the market and market offers were light.
Sporadic offers focused on US $2850 / ton (CFR China main port L/C 90 days). Downstream bids were at about $2750 / ton and market negotiation was in the range of $2800-2820 / ton.
The Chinese domestic CPL spot market appeared flat on January 3. Market trading atmosphere was calm and actual negotiation was scarce.
Offers were in the range of 22,800-23,000 Yuan / ton. Sporadic bids from downstream sector focused on 22,500 Yuan / ton and market discussion was around 22,500-22,800 Yuan / ton,