Firmer Industry Chain, Lower O/R - Nylon Market Summary (Dec 16-31, 2010)
Spot CPL market strengthened further in H2 Dec as sellers held tight to their cargoes on high cost. Chip producers had to lift up prices to pass on the high cost. Nylon 6 textile filament was in small adjustment but the sentiment became firmer.
As to plant operation, CPL plants ran steadily while nylon 6 chip producers lowered operating rate amid low CPL inventory and high cost. Small and medium-sized nylon 6 textile filament plants also cut production slightly.
As to plant operation, CPL plants ran steadily while nylon 6 chip producers lowered operating rate amid low CPL inventory and high cost. Small and medium-sized nylon 6 textile filament plants also cut production slightly.
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