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China's CPL market witnesses limited negotiations

24
Aug '12
Caprolactam (CPL) market in East China remained flat on August 23, with cargo holders quoting price in the range of 18,400-18,500 Yuan/ton, while bids from downstream buyers were in the range of 18,200-18,300 Yuan/ton.
 
Trading atmosphere in the market remained dull and a limited number of actual negotiations took place in the price range of 18,300-18,350 Yuan/ton.
 
CPL spot import market was light on August 23, and actual turnover was very less. The price offered by cargo holders was in the range of US$ 2,300-2,320/ton, whereas downstream manufacturers bid for price of around US$ 2,290/ton. Rare actual negotiations materialized in the range of US$ 2,290-2,300/ton.
 

Fibre2fashion News Desk - China


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