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Nylon Market Summary (Mar 16-31, 2011) |
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2011-4-6
CPL spot price strengthened slightly after Japanese earthquake as the supply was estimate to reduce somewhat. However, at the last day of Mar, Gov announced to tighten forex management, which added pressure to CPL market. Nylon 6 HS chip market was steady while CS chip market was a little weaker amid higher inventory. Nylon 6 textile filament market held steady and sales were slack.
As plant operations, except for a temporary production cut of DSM Nanjing, other plants were running steadily. O/R of nylon 6 chips declined slightly while that of NFY climbed up slightly.
Source:CCFGroup
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