+917718880355

Insights

Caprolactum price sinks on insipid demand

YarnsandFibers News Bureau 2016-02-09 05:58:42 –

Asian markers, the SE and FE markers declined US$50 a ton in the last week of January.

In China, liquid good offers were down US$15 a ton with selling indications also down US$15 a ton.

Solid goods offer fell to US$1,480-1,495 a ton.

Sinopec cut its January contract settlement at US$1,450 a ton for liquid goods while DSM Nanjing announced settlement at US$1,460 a ton for liquid goods.

Caprolactum prices eased on insipid demand and range-bound raw materials and market participants operated on hand-to-mouth volumes.

January contract nominations for high-end goods were not announced.

Run rates of polymerization units were stable at 70% and inventory level fell to 7 days’ worth while the same at yarn makers slipped to, with inventory falling to 28 days’ worth.

Courtesy: Weekly PriceWatch Report

Please Login to comment

Market Intelligence

Ask for free sample Report


why us?
21 yrs

experience

Fortune 500

Customer Base

100%

dedicated team

55+

Countries Served Worldwide


newsletter

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