# Caprolactam: Trading

Molten in China, flakes for export, and no futures

Source page: https://www.materialinsights.org/chemicals/caprolactam/trading/

What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.

#### Who buys, and where

- India
- Taiwan
- Southeast Asia
- Turkey

#### Who sells, and from where

- China
- Russia and Belarus
- Thailand
- United States
- Europe

#### Price benchmarks

| Benchmark | Publisher | Basis |
|---|---|---|
| **Caprolactam CFR Far East Asia and CFR Southeast Asia** | S&P Global Platts | spot, weekly |
| **East China molten and solid caprolactam** | Platts, CCF, SunSirs | domestic, daily |

#### Exchanges

| Venue | Contract | Notes |
|---|---|---|
| **none** | no listed caprolactam futures found | Hedging via benzene futures on Dalian. |

#### Contract types

- Monthly contracts with nylon spinners (benzene-linked formulas in Europe)
- Spot sales of molten product in China
- Flake product in bags for export

#### Traders and distributors

- Chinese producer sales arms
- Japanese trading houses
- Indian importers

#### How Indian buyers price it

- Indian buyers price imports at CFR India against Asian markers; GSFC sets domestic prices near import parity (indicative).
- Anti-dumping investigation on imports from China, Russia, Thailand and the US opened October 2026 (Indian Chemical News).

#### Recent price points

| Date | Price | Basis | Source |
|---|---|---|---|
| 20 Nov 2025 | **CNY8,600-8,650/t (molten); CNY8,800/t (solid)** | East China domestic | Chemical Week |
| 19 Nov 2025 | **$1,170/t (nylon 6 chips, bright/semi-dull)** | FOB China | Chemical Week |

#### Good sources to follow
[Chemical Week](https://chemweek.mydigitalpublication.com)paid research site · S&P Global

Caprolactam capacity and China production cuts
[Indian Chemical News](https://www.indianchemicalnews.com)free research site · Indian Chemical News

Indian trade remedies
[S&P Global Chemical Trends](https://www.spglobal.com/energy/en/news-research/special-reports/chemicals/chemical-trends-h1-2026/rationalisation/phenol-acetone)free research site · S&P Global

European rationalisation including Fibrant and Domo
[OPIS Energy Market News](https://www.opis.com/resources/energy-market-news-from-opis/)freemium research site · OPIS

Benzene and derivative margins

## Other sections

- [Summary](https://www.materialinsights.org/chemicals/caprolactam/index.md)
- [Overview](https://www.materialinsights.org/chemicals/caprolactam/overview/index.md)
- [Correlation](https://www.materialinsights.org/chemicals/caprolactam/correlation/index.md)
- [Production route](https://www.materialinsights.org/chemicals/caprolactam/routes/index.md)
- [Production](https://www.materialinsights.org/chemicals/caprolactam/production/index.md)
- [Feedstocks](https://www.materialinsights.org/chemicals/caprolactam/feedstocks/index.md)
- [Cycles](https://www.materialinsights.org/chemicals/caprolactam/cycles/index.md)
- [Movement](https://www.materialinsights.org/chemicals/caprolactam/movement/index.md)
- [Regulation](https://www.materialinsights.org/chemicals/caprolactam/regulation/index.md)
- [Characteristics](https://www.materialinsights.org/chemicals/caprolactam/characteristics/index.md)
- [Emissions](https://www.materialinsights.org/chemicals/caprolactam/emissions/index.md)
- [Relationships](https://www.materialinsights.org/chemicals/caprolactam/links/index.md)