Taiwan's Li Peng may raise its nylon polymerisation output rates in February, after the Chinese lunar new year holidays (January 24-25) to almost full capacity, a company source said Tuesday.

The producer, like most other synthetic fibre makers in Asia, expects demand to pick up after the holiday. Li Peng's 200 mt/day plant in Chang Hua has been operating at 60 per cent capacity since September due to weak prices. Due to the sustained low output, Li Peng's monthly caprolactam consumption has been cut by 40 per cent to 3,600 mt/month, sources said.