Asian Caprolactam Down $10-15/mt due to weak demand■ Lower prices in China■ High inventory Platts assessAsian caprolactam prices have dropped $10-15/mt
this week to $1,905-1,940/mt CFR Far East Asia, and $10-15/mt to $1,915-1,940/mt
CFR Southeast Asia on August 25th. In
the absence of any buying interest, spot discussion is still muted. Spot demand was impacted by high inventory and a bearish
outlook on final product demand. Sources
claim that both buyers and sellers have high inventory. Due to slower sales and
lower operating rates, buyers are using inventory at a slower rate. Spot prices in China domestic were at Yuan 11,650-11.850/mt
prompt delivery East China or $1,474-1,500/mt based on import parity.Weekly Rationale Asian Caprolactam Weekly









Asian caprolactam is down $10-15/mt
week-on-week for CFR Far East Asia at $1.905/mt Aug. 25, in accordance with
tradable indicator heard at...