Asian SE and FE caprolactum prices rolled over in the first week of March while East European goods were stable on the week. Sinopec raised its March contract US$30 a ton from earlier nomination for liquid goods.
Caprolactam prices were stable to down on the back of softening benzene and increased supply. Liquid goods offer in spot market inched up but solid goods edged down. Meanwhile, Sinopec raised its March contract nomination while Fibrant released its nomination for March at similar levels.
Demand was modest as run rates of polymerization units and yarn makers were at 75%. In Europe, caprolactum market was to begin March contract price negotiations after the initial settlement of benzene March contract was down on the month.
Courtesy: Weekly PriceWatch Report
In May 2020, nylon filament yarn prices were talked up amid climbing prices in the upstream CPL and nylon chip…
In May 2020, polyester filament yarn prices recovered in China supported by higher prices in the polyester staple fibre markets.
Viscose staple fibre prices in April were mostly down in the Asian markets of China, India, and Pakistan. In China,…
Feedstock, propylene prices in Asia fell in April amid historic lows in the crude oil and naphtha markets that month.…
Nylon or polyamide chip markets slumped in March amid weakening prices in the raw material CPL markets while downstream buying…
In March 2020, polyester staple fiber (PSF) prices declined month-on-month in China as demand was weak and supply was abundant.…