Home breadcru News breadcru Raw Materials breadcru Chinese CPL spot import market light on Nov 8

Chinese CPL spot import market light on Nov 8

09 Nov '11
1 min read

China's caprolactam (CPL) import spot market was light on Tuesday. Market offers ranged between US $3,000-3,050 / ton (CFR China main port L/C 90 days).

Downstream bids were sporadic stood around US $2,900 / ton; actually negotiated price focused on US $2,950-3,000 / ton.

China's CPL domestic spot market seemed weak on November 8. Trading atmosphere was light and actual negotiation was scarce.

Offers from cargo holders were about 25,000-25,200 Yuan / ton, market buying was flat. Downstream bids were around 24,800 Yuan / ton, actually negotiated price ranged around 24,800-24,900 Yuan / ton.

Fibre2fashion News Desk - China

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