In Chinese market, Caprolactam prices remained stable around RMB 22,000 / ton, while upstream market continued to follow corrections. Caprolactam buyers waited for direction from contract market and followed wait and see stance.
In a view of stability of Caprolactam prices, Nylon chips prices also remained stable around RMB 24,000 / ton. Nylon chip producers started to buy raw material as prices have remained stable since last two days.
Nylon POY, FDY and DTY prices remained stable around RMB 26900 / ton, RMB 28200 / ton and RMB 29600 / ton respectively. Fall in upstream product prices is expected to pull down the nylon filament yarn prices in near future.
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Fibre2fashion News Desk - India
marketing@alchempro.com
