Caprolactum prices steady amid modest demand in Asia

YarnsandFibers News Bureau 2016-09-27 02:47:33 –

Asian caprolactam markers, the SE and FE was flat in the second week of September while Japanese goods were stable on the week. In China, offers for liquid spot rolled over while solid goods offers were higher during the week.

Caprolactum prices were range bound amid modest demand and almost stable raw material benzene cost. In China, offers for both liquid and solid goods rolled over. Mainstream values for South East and East European goods marched higher.

In contract, Sinopec and Fibrant maintained their September nominations flat on the week. Demand was modest as run rates of polymerization units were up a bit and inventory level just 5 days’ worth. Yarn makers run rate was up, inventory still high.

Courtesy: Weekly PriceWatch Report

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