During the first 14 days of January 2008, negotiations for caprolactam (CPL) contracts for month's shipment were still in progress.
Mainstream manufacturers in Taiwan, quoted prices at US $2,450 per ton (CFR L/C at sight), about $20-30 per ton over the December settlement. End users hoped that the transactions were made at the earlier month's price quotations.
China's domestic price was at 22700-23000 yuan per ton (shipment made by buyer).
The price of semi-dull nylon chips produced by Taiwan for January shipment was at $2700-2730 per ton (CFR China), some major suppliers offered as high a price as $2,770 per ton (CFR China)
Fibre2fashion, News Desk - China
marketing@alchempro.com
