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    Nylon Slicing Production In Asia Is Expected To Reduce Operating Rate Again.

    2010/7/5 11:00:00 41

    Nylon

    Because from downstream

    Nylon textile industry

    The sluggish demand and the falling price of caprolactam are expected to cut the operating rate of nylon producers across Asia again, market sources said on Thursday.


    The mood of the nylon chip market is extremely bearish because most spot buyers take a wait-and-see attitude, and only a few buyers maintain the minimum purchase to meet their immediate demand, market sources said.


    An industrial unit said: "sales are quite low, we can not imagine that the downstream industry is really demand."


    Nylon is widely used in making socks.

    Knitted garment

    Line, rope, filament, mesh and tire cord.


    In June 22nd, the spot price of nylon chips dropped by 50-80 US dollars / ton (41-65 euro / ton) to 2800-2850 US dollars / ton CFR China price, which is due to weak market sentiment, ICIS (international chemical information consulting organization) data show.


    In mainland China and Taiwan, the caprolactam feed market has been spiralling downward because of

    Trade

    Traders continued to sign agreements on land prices, which fell to the lowest level in three months this week.


    In June 23rd, the price of caprolactam decreased by 50-170 US dollars / ton, to 2350-2380 US dollars / ton CFR Taiwan price, 2330-2380 US dollars / ton CFR Chinese mainland price, 2350-2450 US dollars / ton CFR Northeast Asia price.

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