Asian
Caprolactam: Prices steady as demand-weakness persists- Buy-side
shows little interest in stocking up- China
domestic price inches higherAsian
caprolactam unchanged on the week at-$1,650/mt CFR Far East Asia and at
$1,650/mt CFR Southeast-Asia in the week to May 11.-Trading activities remained
thin in the Asian caprolactam-market, weighed down by persistent weak nylon
demand.-China's domestic ex-tank caprolactam price set by a local-producer was
heard to be marginally higher at Yuan 13,200/mt.-Meanwhile, China's Luxi
Chemical shut its 400,000 mt/year-hydrogen peroxide unit and related facilities
at Liaocheng in-Shandong province due to an explosion, the company said in
a-statement last week.-Market sources saw little impact of the incident on-caprolactam
demand.-A tradable indication remained at $1,650/mt for CFR Far-East Asia, as
cited by a source, but weaker nylon margins failed-to motivate buy-side
participants to enter into...