The spot import market of caprolactam (CPL) in China remained flat during the week ending August 18. Cargo holders quoted price in the range of US$ 2,320-2,330/ton, while downstream manufacturers bid for price of around US$ 2,290/ton. Actual negotiations took place in the price range of US$ 2,290-2,310/ton.
In East China, the domestic CPL market was light during the weekend and scarce actual negotiations took place. Offers made by cargo holders were in the range of 18,300-18,400 Yuan/ton, while inquires from downstream manufacturers were in the range of 18,100-18,200 Yuan/ton, and actual negotiated price was in the range of 18,200-18,300 Yuan/ton.
Fibre2fashion News Desk - China