Japan's Sumitomo Chemical has settled its June caprolactam contract price at $2,160/mt CFR Far East Asia, a source close to the company said Tuesday.
This is up $95/mt from the May settlement of $2,065 CFR Far East Asia.
June contract prices in Taiwan settled two weeks ago at $2,100/mt.
Caprolactam was last assessed Thursday up $15/mt week on week at $2,110/mt CFR Far East Asia.