Asian Caprolactam : Prices remain stable, but
fundamentals remain weak- March discussion resumes- March Nylon Demand LowlusterSome participants reached a negotiated
level on their contracted supply after trade discussions resumed in the Asian
caprolactam marketplace. Sources
with knowledge of the matter stated that March 2 saw one contract price settle
at $1,725/mt. Sources said that nylon
demand was weak and that the firmer March laycan demand was more upbeat than
anticipated. Ex-tank supplies discussions
were held in south China at Yuan 12,800/mt. This is approximately $1,860.25/mt
on the dollar/yuan exchange rates and excluding local taxes. A producer stated that FOB Korea benzene physical markers
remained above $900/mt, which is putting pressure on producers. CFR Far East Asia caprolactam, CFR Southeast Asia
caprolactam are both at $1725/mt.Weekly Rationale Asian Caprolactam Weekly









Asian caprolactam was assessed stable for...