1、 Price trend

According to the bulk list data of business agency, the average market price of domestic liquid caprolactam was 13600 yuan / ton on July 11, and 13400 yuan / ton on July 18. The price of caprolactam fell 1.47% this week.

2、 Market analysis

The price of raw material pure benzene fell this week, and the cost of caprolactam was not supported enough. Downstream demand is weak, purchasing on demand, and the industry has a strong bearish mentality. The overall market is weak. As of July 18, the price of Sinopec caprolactam liquid was 14500 yuan / ton, and the acceptance was self withdrawal. The price of Baling Hengyi caprolactam liquid is 14500 yuan / ton, and the manufacturer’s production capacity is 450000 tons / year. The acceptance is self delivery. The price of Baling Petrochemical caprolactam liquid is 14500 yuan / ton, and the manufacturer’s production capacity is 300000 tons / year, which is self collected upon acceptance. Shandong Hualu Hengsheng caprolactam apron price 13800 yuan / ton, accepted and sent to East China, and the manufacturer’s device capacity is 300000 tons / year. Shandong Luxi Chemical caprolactam liquid price is 13200 yuan / ton, and the manufacturer’s capacity is 300000 tons.

Pure benzene, the raw material, followed crude oil to weaken this week. Affected by the broad decline of crude oil, pure benzene in the external market followed the weakness, driving the focus of negotiation in the domestic market down. During the week, the turnover in Shandong was general, and the price difference with other regions widened. Due to the reduction of domestic trade ships, the inventory of East China ports this week decreased by 8000 tons compared with last week, and the market supply was relatively tight, with a limited overall decline during the week. The price of domestic pure benzene is 8600-9150 yuan / ton.

3、 Aftermarket forecast

According to the caprolactam analysts of the business society, the current caprolactam market is mainly negative, the raw material pure benzene has declined repeatedly, the demand of downstream polymerization plants is weak, and the market confidence is insufficient. It is expected that the caprolactam market will continue to decline in the short term.