Europe capro falls €50/tonne.

The article focuses on the European November 2013 caprolactam (capro) contract prices which settled at an average decrease of 68 U.S. dollars/tonne. It notes that December traditionally sees weak demand for capro due to Christmas holiday end-user outages and year-end destocking. Capro producers were determined to give away as little of the benzene cost reduction in November expecting that they will not be able to recoup the full benzene cost increase in December 2013.