CPL market stays stable from weak market outlook

CPL prices were relatively stable in line with feedstock market today. The USD based CPL market remained stable and prices were quoted at US$ 2180-2220/ton, while talking level was at US$ 2200/ton.

Suppliers from Asia market quoted CPL at US$ 2180-2230/ton, while CPL suppliers from Mexico and Russia quoted in the range of US$ 2200/ton to US$ 2240/ton.

In the Chinese domestic market, CPL prices were mainly quoted at RMB 17,000-17,200/ton, while trade prices were at RMB 16,700-16,800/ton. Under such circumstance, it is expected that CPL market may remain stable-to-firm in the short run. 

Fibre2fashion News Desk - India