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Caprolactum price goes down in China

YarnsandFibers News Bureau 2015-10-13 08:51:48 –

In China, liquid goods offer was down US$5 a ton in the last week of September. Solid goods were down US$75 a ton.

Asian markers, the SE and FE were stable while trading values for East European goods were at US$1,300-1,350 a ton.

Sinopec nominated October contract price down a ton US$40 from September settlement for liquid goods while DSM Nanjing announced nomination for October at a rollover from the settlement for September for solid goods.

Caprolactum prices were down on the week amid slow liquidity, as buyers in China were away from the market due to a weeklong national holiday.

Offers for liquid goods rolled over while the prevailing values for solid goods were stable. Goods from East European were also pegged stable in the shorter week with subdued liquidity.

Courtesy: Weekly PriceWatch Report

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