12 June 2012 09:55 [Source: ICIS news]
BRISBANE (ICIS)--Most of Asia’s June caprolactam (capro) contracts were settled at $2,420-2,430/tonne (€1,936-1,944/tonne), down by $200/tonne from the previous month’s settlement, in line with falling spot prices and weak demand from downstream nylon sector, market sources said on Tuesday.
The settlement price is on a cost and freight (CFR) northeast (NE) ?xml:namespace>
Spot capro prices were discussed in the low $2,300/tonne CFR (cost and freight) NE (northeast)
Upon settlement of the June capro contracts, price discussions for downstream semi-dull nylon chip (polyamide) in
Capro is an intermediate primarily used in the production of nylon 6 (or polyamide 6) fibres, plastics and other polymeric materials.($1 = €0.80)
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