Caprolactum price rolls over amid inactive trading in China

YarnsandFibers News Bureau 2016-02-16 06:35:14 –

Asian markers, the SE and FE markers rolled over in the first week of February.

In China, liquid good offers rolled over at US$1,425-1,440 a ton with selling indications at US$1,410-1,425 a ton. Solid goods offer fell to US$1,470-1,485 a ton.

Sinopec cut its January contract settlement to US$1,455 a ton for liquid goods while DSM Nanjing’s settlement was at US$1,460 a ton for liquid goods.

Caprolactum prices remained flat amid inactive trading as most players in China had left for Lunar New Year holidays during that week.

Upstream, benzene prices moved in a narrow range, thus cost support to caprolactum remained weak.

Downstream demand continued to remain weak as run rates of polymerization units fell to 60% and inventory level fell to 7 days’ worth, while the same at yarn makers slipped with inventory falling to 30 days’ worth.

Courtesy: Weekly PriceWatch Report

0 0 vote
Article Rating
Inline Feedbacks
View all comments

Market Intelligence

Ask for free sample Report

why us?
21 yrs


Fortune 500

Customer Base


dedicated team


Countries Served Worldwide


Register below to receive our newsletters with latest industry trends and news!

WeCreativez WhatsApp Support
Our support team is here to answer your questions via WhatsApp. Ask us anything!
? Hello