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CPL & Nylon 6 Chip Market Morning Express (Dec 1, 2010)

2010-12-1

CPL
On USD spot market, fewer offers are heard and sellers prefer to hold cargoes and watch the market. A few buyers are inquiring temporarily with buy ideas still at around $2780/mt.

Nylon 6 chips
Conventional spinning chips are offered stably at 25500-25800yuan/mt, ex-works and traded at the lower end of the range. Plants report tolerable offtake and maintain a stable operation. Downstream buyers may purchase feedstock for cover in Mid Dec thus trading volume may rebound moderately.

($1=CNY 6.68)

 

source:CCFGroup.com

 
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