Home breadcru News breadcru Raw Materials breadcru China's CPL spot market consolidates on Sept 3

China's CPL spot market consolidates on Sept 3

04 Sep '12
1 min read

The spot market of Caprolactam (CPL) in East China consolidated on September 3. 
 
Cargo holders quoted CPL price in the range of 18,200-18,300 Yuan/ton, while downstream manufacturers bid for price of around 18,000 Yuan/ton.
 
Trading atmosphere remained dull and actual negotiations took place in the range of 18,000-18,200 Yuan/ton.
 
Spot import market of CPL in China remained flat on September 3. Downstream manufacturers inquired in the range of US$ 2,300-2,320/ton, in response to price of US$ 2,350/ton quoted by cargo holders. Trading atmosphere was dull and few actual transactions took place in the range of 2,320-2,330/ton.
 

Fibre2fashion News Desk - China

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