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China's CPL spot import market flat on Feb 15

16
Feb '12
China's spot market of caprolactam (CPL) imports was flat on February 15. Trading atmosphere was plain and actual trade was moderate in the market.

Cargo holders offered in the range of US $3000-3050 / ton (CFR China main port L/C 90 days). Downstream bids were around US $2,950 / ton; actually negotiated price was in the range of US $2980-3000 / ton.

China's domestic CPL spot market was temporarily stable on February 15. Trading atmosphere was dull and turnover was limited.

Cargo holders offered in the range of 24,300-24,400 Yuan / ton, bids from downstream manufacturers were around 24,000 Yuan / ton and actual negotiation was in the range of 24,000-24,300 Yuan / ton.

Fibre2fashion News Desk - China


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