Caprolactum prices likely to rise in Asia

In China, spot liquid good offers rose US$115 a ton in the week ended 6 July 2018 while solid goods was up US$24 a ton on the week.

Caprolactum prices in Asia rebounded last week in line with upstream benzene cost. In China, CPL offers were hiked amid tight supply in the region during the week. Plant run rates fell to 76.7% in the week. It is likely that market supply may tighten in the short run amid delayed plant restarts.

Overall, CPL prices are expected to inch up further in coming weeks on expectations of tighter supply.

Courtesy: Weekly PriceWatch Report

Recent Posts

Nylon or polyamide markets move up amid modest demand

In May 2020, nylon filament yarn prices were talked up amid climbing prices in the upstream CPL and nylon chip…

4 years ago

Polyester fiber, yarn prices firmer amid a rebound in PTA and MEG markets

In May 2020, polyester filament yarn prices recovered in China supported by higher prices in the polyester staple fibre markets.

4 years ago

Viscose or rayon markets continue to weaken in Asia

Viscose staple fibre prices in April were mostly down in the Asian markets of China, India, and Pakistan. In China,…

5 years ago

Acrylic fiber prices slip amid low acrylonitrile and propylene costs

Feedstock, propylene prices in Asia fell in April amid historic lows in the crude oil and naphtha markets that month.…

5 years ago

Nylon or polyamide markets slump on lackluster sentiment

Nylon or polyamide chip markets slumped in March amid weakening prices in the raw material CPL markets while downstream buying…

5 years ago

Polyester prices nosedive to multi-year lows across the world

In March 2020, polyester staple fiber (PSF) prices declined month-on-month in China as demand was weak and supply was abundant.…

5 years ago