China’s May capro imports falls 19% from April on weak demand

26 June 2012 08:46  [Source: ICIS news]

BRISBANE (ICIS)--China’s caprolactam (capro) imports in May fell by 19% month on month as weak demand and falling upstream benzene prices dampened buying interest for imported cargoes, market sources said on Tuesday.

The country imported 55,755 tonnes of capro in May, up by 21% year on year, according to China Customs data.

The average price of the May capro imports were at $2,708/tonne (€2,166/tonne), down by 3.9% month on month, the data showed.

However, derivative downstream nylon demand remained weak amid the uncertainties in the economic outlook, market players said.

($1 = €0.80)

By: Junie Lin

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