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CPL & nylon filament prices dip

06
Jul '10
Caprolactam prices moved down by RMB 50 / ton and its new prices assessed around RMB 19150 / ton. While upstream market continued to have minor corrections. Due to uncertain future trends, market speculators were found to be avoiding trading.

Nylon chips prices remained stable around RMB 22500 / ton. Declining sales volume of textile grade, high speed spinning semi dull Nylon chip, pressurized the sellers to reduce prices.

Nylon Filament Yarn prices moved down by RMB 300 / ton and new prices of Nylon POY, FDY and DTY assessed around RMB 25500 / ton, RMB 26500 / ton and RMB 28500 / ton.

Softening feedstock values made the prices weaken, and downstream demand was lusterless, but producer's profit margins improved to some extent.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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