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Daily round-up of Asian nylon value-chain

07
Jun '10
In Chinese market marginal drop of RMB 200 / ton was reported in Caprolactam prices and its new prices assessed around RMB 21600 / ton, while it's upstream product price continued to follow correction. Transactions remained small due to unstable prices of upstream products.

In the beginning of this week, Nylon chips prices stridently dropped by RMB 500 / ton and new prices assessed around RMB 23500 / ton.

Downstream buyers were not in a hurry to do any deal and followed wait and watch stance as data of Chinese custom suggested that import of semi dull high speed textile grade spinning chip had increased.

Nylon FDY prices moved in parallel with Nylon chip prices, Nylon FDY prices marginally dropped by RMB 200 / ton and new prices assessed around RMB 28000 / ton. Nylon POY and DTY prices remained stable around RMB 26900 / ton and RMB 29600 / ton respectively. Very few deals were done due to high cost pressure.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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