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Nylon chips, FDY, POY & DTY price trends stable

13
Jul '10
In Chinese market Caprolactam (CPL) prices remained stable around RMB 19,150 / ton. The short term outlook for the CPL market is not positive, given the current inactive downstream markets. Consequently, speculators do not expect buying interest to recover in the near future.

In Chinese market, Nylon chips prices remained stable around RMB 22,100 / ton. In Asian market, due to sluggish sales, chip inventories on the producer's side continued to swell up to an uncontrollable level of 25 to 30 days.

Prices of Nylon POY, FDY and DTY remained stable around RMB 25,100 / ton, RMB 26,000 / ton and RMB 28,300 / ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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