Caprolactum prices downswing amid falling benzene and ample supply

YarnsandFibers News Bureau , 19-12-2018 12:25 -

The SE and FE Asian caprolactum markers on the lower end were down US$330 a ton in the week ended 14 December 2018. Caprolactum prices in Asia plunged amid bearish benzene markets during the week.

In China, CPL prices were assessed down in the week as supply in the market increased amid a plant restart recently. The average plant run rate in the region was up at 80.6% as compared to 79.5% last week.

Spot liquid good offers in China were down US$50 a ton as compared to last week while solid goods were down US$79 a ton on the week.

Overall, CPL prices will slip in coming weeks amid pessimistic producers, declining upstream benzene prices, and increasing supply.

European goods also fell US$300 a ton in the week.

Courtesy: Weekly PriceWatch Report

Related Keywords: benzene prices, caprolactum price, caprolactum price in China, cost of nylon, nylon 6 price, nylon chips prices, nylon cost, nylon filament yarn prices, Nylon prices, nylon prices in China, nylon-66 price, polyamide chips price

 
 
Advertisement
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
CoolVisions dyeable polypropylene filament and staple by Indorama Ventures joins the OR Winter Market  
  21 Jan , 2019 Read full story  
Swiss textile innovator HeiQ launches HeiQ XReflex  
  21 Jan , 2019 Read full story  
Textile Instruments develops a fabric based wearable platform  
  21 Jan , 2019 Read full story  
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    Who have subscribed this report
    Live Chat online
    feedback button