Following the descending in September, the trading price of CDP chips in October fell further from 12350-12400 yuan per ton at the beginning to 11500 yuan per ton by the end of the month, indicating a drop of 800-900 yuan per ton in accumulation, down about seven percent.
The offer of local manufactured CDP chips was 12550 yuan per ton on October 7, and fell to 11650 yuan per ton by the end of the month, down 900 yuan per ton.
CDP supply and demand was poised in October. It is expected that supply and demand of CDP in November will continue its steady-going with market trend basically poised.
Fibre2fashion, News Desk - China
marketing@alchempro.com
