China: AS holds on to price gains

摘要

Caprolactam-grade AS offers ex-China are reported in the $96-97/t FOB range, with sources pointing to deals closing at $95/t FOB. Chinese AS prices are holding on to recent gains triggered in part by a spike in June volumes to Brazil, where Chinese producers shipped 147,831 t AS in June, representing a 45% increase against volumes in June 2019.