When the first time Sinopec raised the CPL contract nomination by 300yuan/mt, downstream nylon textile filament plants did not follow up. Cloth sales was difficult and buyers put strong resistance toward price increase of NFY, and most NFY plants chose to take the higher cost themselves in order to
Right now, a new round of contract negotiations for nylon 6 chip is underway, which is the focus of the market at this stage. The contract pattern formed since the end of 2016 seems fall apart gradually. The processing fees or other conditions, or the entire contract model itself is only a product o