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China's CPL spot market consolidates on Sept 3
04 Sep '12
1 min read
The spot market of Caprolactam (CPL) in East China consolidated on September 3.
Cargo holders quoted CPL price in the range of 18,200-18,300 Yuan/ton, while downstream manufacturers bid for price of around 18,000 Yuan/ton.
Trading atmosphere remained dull and actual negotiations took place in the range of 18,000-18,200 Yuan/ton.
Spot import market of CPL in China remained flat on September 3. Downstream manufacturers inquired in the range of US$ 2,300-2,320/ton, in response to price of US$ 2,350/ton quoted by cargo holders. Trading atmosphere was dull and few actual transactions took place in the range of 2,320-2,330/ton.
Fibre2fashion News Desk - China
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