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As mentioned above, CPL plants are now in a satisfactory zone with benzene cost. And the situation is also similar in chip producers. After the continuously drop in CPL and slower decline in chip spot, nylon 6 chip plants are now in a satisfactory zone of profit margin. Current price different betwe
3. CPL profitIn the above chart, CPL profit margin based on spot benzene cost has been condensed to around 200-300yuan/mt, close to the rate in mid-Jun 2019, when CPL price was as low as 11,300-11,500yuan/mt. It is very hard for CPL plants to yield in prices further.Based on all the factors stated,
