2010-11-24
CPL USD spot market holds steady in the morning. Offers are at $2800-2820/mt. Some sell ideas are to $2800/mt, for floating cargoes and warehouse cargoes, but downstream plant prefer to sideline. Few discussions are heard. Yesterday, a few deals were done at $2780-2785/mt.
On RMB market, Sinopec settles its Nov CPL contracts at 23400yuan/mt, ex-works, by cash, up 850yuan/mt from its Oct settlement price.
Nylon 6 chips Conventional spinning chips prevail at 25500-25800yuan/mt with flat trading sentiment. Downstream adopt a wait-and-see attitude and purchase on a need-to basis.
($1=CNY 6.66)
source:CCFGroup
|