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Chinese CPL spot import market firm

08
May '12
China's spot market of caprolactam (CPL) imports was firm on May 7. However, cargo holders were reluctant sellers.

Market offers were about US $2650 / ton (CFR China main port, L/C, 90 days), downstream manufacturers bid around $2600 / ton and actually negotiated price was in the range of 2620-2630 / ton.

China's domestic CPL spot market was steady on May 7, trading atmosphere appeared plain and actual turnover was light.

Cargo holders offered in the range of 20,800-21,000 Yuan / ton, downstream manufacturers were interested in the range of 20,600-20,700 Yuan / ton and actually negotiated price was in the range of 20,700-20,800 Yuan / ton.

Fibre2fashion News Desk - China


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