NewsFlashAsia March caprolactam rises $40-45/t
25 March 2008 05:41 [Source: ICIS news]
SINGAPORE (ICIS news)--Northeast Asia caprolactam contracts for March were largely agreed $40-45/tonne up at $2,455-2,465/tonne on the strength of rising upstream costs, sellers and buyers said on Tuesday.
The settlements were agreed on a CFR (cost and freight) NE Asia (northeast Asia) basis.
February contracts were at $2,410-2,425/tonne CFR NE Asia, down $5/tonne on soft demand.
Key suppliers to Asia include Ube Industries, Sumitomo Chemical, BASF, China Petrochemical Development Corp and DSM Nanjing Chemical.
For more on caprolactam, visit ICIS chemical intelligence.
By: Hsin Hun Wan
+65 6780 4359
< previous article(VIDEO – ICIS news Americas Lunchtime Bulletin 3 November 2009)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
Links posted in this story:
|
|
Related Articles
- 07 May 08 05:15 Sumitomo to shut down capro line in mid-May
- 16 Apr 08 14:09 Europe capro players in dispute on April talks
- 07 Apr 08 10:25 Asia spot caprolactam rises $10-20/t
- 27 Mar 08 07:37 Asia spot caprolactam rises $10-20/t
- 14 Mar 08 05:10 Rising crude loses influence on Asia petchems
- 12 Mar 08 04:25 Asia capro hits fresh high of $2,540/t
- 28 Feb 08 06:30 Asia Feb caprolactam down $5/t
Latest News
- 01 Dec 09 12:13 Sasol to double its South African hard wax production
- 01 Dec 09 12:09 LyondellBasell to cut Wesseling PP by 24% on poor outlook
- 01 Dec 09 12:00 NOON SNAPSHOT - Europe Markets Summary
- 01 Dec 09 11:45 NYMEX crude up $1/bbl as worries ease over Dubai debt crisis
- 01 Dec 09 11:30 In Tuesday's Americas papers
Paul Hodges goes to the junction of Wall St and the chemical industry.
ICIS Chemicals and the Economy