26 June 2008 07:41 [Source: ICIS news]
SINGAPORE (ICIS news)--Northeast Asian caprolactam contracts for June were mainly settled $60-65/tonne higher at $2,560-2,575/tonne on the back of rising raw material costs, producers and end-users said on Thursday.
The settlements were agreed on a CFR (cost and freight) NE Asia (northeast ?xml:namespace>
Producers said they planned to raise prices further in July on cost pressures, although no fresh nominations were heard.
In the spot market, caprolactam spot prices were traded at $2,560-2,590/tonne on Wednesday, up $10/tonne at the lower end of the range from a week earlier, according to global chemical market intelligence service ICIS pricing.
Key suppliers to
For more on caprolactam, visit ICIS chemical intelligence
To discuss issues facing the chemical industry, go to ICIS connect
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|