Petrokimia Gresik has issued awards following its February 26 import tender for 10-20,000 mt caprolactam grade AS for end April delivery at $144.50/mt CFR. Reports suggest Gresik has booked 10,000 mt from Mekatrade, 10- 15,000 mt from Aries and 20-25,000 mt from Koch for May delivery. This would provide netbacks to China at $124/mt FOB at best.
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