On October 8th, the price of cobalt powder (-200 mesh, -300 mesh) on the Shanghai spot market fell. The quotation was 340-360 yuan per kilogram, with an average price of 350 yuan per kilogram, which was 10 yuan per kilogram lower than the previous trading day.

On September 29, the Directorate General of Trade Remedies under the Ministry of Commerce and Industry of India issued an announcement, officially launching an anti-dumping investigation into caprolactam originating in China, Russia, Thailand and the United States upon the application of Indian local enterprise Gujarat State Fertilizers & Chemicals Limited. The customs code of the involved products is 29337100. Caprolactam is the core raw material for the production of nylon 6 (PA6). This initiation of the case will have an impact on the exports of domestic caprolactam and its downstream PA6 industry chain to India.

This investigation sets the dumping investigation period as April 1, 2025 to March 31, 2026; the injury investigation period covers four annual cycles from April 2022 to March 2026. The announcement requires all interested parties to submit response materials, defense evidence and relevant industry information to the Indian investigation authority within 37 days from the date of the case initiation.

On October 8th, the market price of styrene-butadiene rubber in the Jiangsu and Zhejiang regions rose sharply. The international crude oil market fluctuated at a high level, providing cost support for the styrene-butadiene rubber market. Downstream inquiries were mainly based on demand, and there was resistance to high-priced goods. Merchants' quoted prices were consolidated within a range. Currently, the mainstream quotes for 1502 grades from Fushun, Lanhua, Yangzi and Jihua are 16,450~16,600 yuan/ton.