However, tight supply may not support CPL uptrend further in Oct

from downstream side, downstream price increase could not catch up. The Sep contract settlement for CPL was 1,200yuan/mt higher on the month, which is evidently beyond nylon textile filament market increase. On the non-textile side, CS chip trading has expanded, while transactions at higher prices are limited, which means the actual traded level has not lifted as much as CPL. Therefore, it is very hard for CPL contract settlement to rise further in Oct.