In Chinese market Caprolactam prices moved down by RMB 200 / ton and new prices assessed around RMB 22,000 / ton, while upstream market went through heavy fluctuations and buying interest fell due to uncertain future trends.
Nylon chips prices remained stable around RMB 24,200 / ton. In a view of stable Caprolactam prices Nylon chips prices also remained stable. Nylon chip producers were excited to buy raw material, as prices turned weak, but still they followed their buying activity sporadically in small volumes.
Nylon POY, FDY and DTY prices remained stable around RMB 26,900 / ton, RMB 28,200 / ton and RMB 29,600 / ton respectively. Major filament yarn manufacturers started buying of raw material according to their needs, while few are still following wait and watch stance.
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Fibre2fashion News Desk - India