In Chinese market Caprolactam (CPL) prices remained stable around RMB 21500 / ton. Under tight spot supplies, speculator expects that CPL prices will be under upward pressure.
Nylon chips prices stayed steady around RMB 23100 / ton. Producers have gradually increased operating rates moderately.
Chip producers will continue to push prices higher due to improving demand and squeezed margins under high cost pressure of upstream products.
Nylon POY, FDY and DTY prices moved up by RMB 100 / ton and its new prices assessed around RMB 25200 / ton, RMB 26200 / ton and RMB 28300 / ton, respectively.
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Fibre2fashion News Desk - India
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