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Chinese nylon chips market down from weak trends last week

30 Sep '14
1 min read

Selling offers for nylon chips declined in Chinese market in line with bearish feedstock market in the last week ending Sept 26.

During last week in the USD market, selling offers for high speed spinning semi dull textile grade nylon chips fell by US$ 15/ton from the Sept 19 closing and were quoted in the range of US$ 2480/ton to US$ 2485/ton.

However, downstream buyers were not willing to pay higher than US$ 2480/ton.

In the Chinese domestic market, selling offers for high speed spinning semi dull textile grade nylon chips prices too declined and were offered in the range of RMB 18,600/ton to RMB 18,650/ton.

Fibre2fashion News Desk - India

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