Caprolactum prices fall in Asia

YarnsandFibers News Bureau 2017-08-29 12:18:06 –

In China, spot liquid good offers were down US$138 in the third week of August while solid goods fell US$33 a ton on the week. The SE and FE Asian caprolactum markers were stable on the lower end at US$1,700-1710 a ton.

Fibrant raised August nomination by US$42 from last nomination for liquid goods.

Caprolactum prices were down in Asian markets amid eased supply constraint and weak atmosphere, citing heavy sidelined stance of buyers. Downstream converters still purchased from hand to mouth while offers were weak and customers maintained prudent attitude. Thus, overall sentiment was anemic.

Domestic run rate was ramped up to 88% this week. It is expected that supply will be stable next week.

Overall, given firm benzene and easing supply, CPL market will fluctuate towards the lower note.

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