China based Caprolactam prices moved marginally up by RMB 300/ton to around RMB 23300/ton. Transactions remained limited as numbers of offers turned weak in terms of value and volume both.
Nylon chips prices recorded steep growth and moved in parallel to upstream product prices. Nylon chip in Chinese market remain stable around RMB 24500/ton.
Nylon FDY / POY and DTY prices remained unchanged at RMB 27700/ton, RMB 26500/ton and RMB 29200/ton respectively. Nylon filament yarn producers are at break-even point, due to high cost pressure, so they have targeted to hike prices in near feature.
Clikc here to view price trends.
Fibre2fashion News Desk - India