In Chinese market, Caprolactam (CPL) prices continued to remain stable around RMB 19800 / ton while upstream product prices continued to follow corrections in lower range.
It was noticed by experts that in the current month, CPL prices were reduced by the sellers themselves to maintain sales volume.
Nylon chips prices moved down by RMB 100 / ton and its new prices assessed around RMB 22500 / ton. In Nylon Chips, trading in international market was almost silent, due to unstable price of upstream as well downstream product.
New prices of Nylon FDY assessed around 27000 / ton and Nylon DTY assessed around 29000 / ton, both prices moved down by RMB 200 / ton.
While Nylon POY prices moved down by RMB 300 / ton and its new prices assessed around RMB 26200 / ton.
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Fibre2fashion News Desk - India