CPL & Nylon 6 Chip Market Express (Sep 6, 2010)
CPL
In China, the USD spot market is relatively quiet in the morning. A few higher offers are to $2630/mt, for Sep shipment. Not many offers are seen, so do the inquiries. Discussions are scarcely heard as well.
RMB spot price is firm. Sell ideas are at above 21800yuan/mt. Not many deals are done.
Nylon 6 chips
Offers for bright nylon 6 conventional spinning chips ticked up to 23500-23800yuan/mt in East China and ideal trading prices are close to 23500-23600yuan/mt. In North China, high speed spinning chips are offered stably at 23800yuan/mt and traded at around 23500yuan/mt by acceptance, delivered to works.
($1=CNY 6.78)
In China, the USD spot market is relatively quiet in the morning. A few higher offers are to $2630/mt, for Sep shipment. Not many offers are seen, so do the inquiries. Discussions are scarcely heard as well.
RMB spot price is firm. Sell ideas are at above 21800yuan/mt. Not many deals are done.
Nylon 6 chips
Offers for bright nylon 6 conventional spinning chips ticked up to 23500-23800yuan/mt in East China and ideal trading prices are close to 23500-23600yuan/mt. In North China, high speed spinning chips are offered stably at 23800yuan/mt and traded at around 23500yuan/mt by acceptance, delivered to works.
($1=CNY 6.78)
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