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Caprolactum Prices Slumps, but Nylon Remains Firm
Source: YarnsandFibers.com Date: 2007-06-27
The nylon chain was in wait-and-watch mode in the week of 22 June while benzene prices firmed up bit caprolactum prices declined on weak demand. However, nylon chips and filament yarn prices rolled over previous week’s numbers. In Korea benzene prices were up US$5 and were pegged around US$1,047-1,048 a ton FOB. In Europe benzene prices spurted by US$45 a ton and were pegged in the range of US$1,125-1,126 a ton FOB Rotterdam In USA, however, prices were up 7 cents from previous week’s close. Caprolactum was traded in the range of US$2,285-2,295 a ton Far East and South East Asia, down US$20 In North East Asia prices were down US$40-60 from previous week’s close .
