Caprolactam prices moved down by RMB 100 / ton and new prices assessed around RMB 19200 / ton. As there were no support from upstream as well downstream product price, market speculators expect Caprolactam prices will remain weak for the next few days.
Nylon Chip buying activities are expected to remain sluggish as downstream product users prefer to consume in house inventories rather than risk making new purchases. Nylon chips prices remained stable around RMB 22500 / ton.
Nylon FDY, DTY and POY prices again moved down by RMB 100 / ton and its new prices assessed around RMB 26800 / ton and RMB 28800 / ton and RMB 25800 / ton, respectively.
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Fibre2fashion News Desk - India
marketing@alchempro.com
