1、 Price trend

According to the bulk list data of business cooperatives, the average price of domestic liquid caprolactam market on September 5 was 11933 yuan/ton, and the average price of domestic liquid caprolactam market on September 13 was 12316 yuan/ton. Caprolactam prices rose 3.21% this week.

2、 Market analysis

Caprolactam market prices rose this week. The price of raw material pure benzene rebounded and rose, while the cost of caprolactam was well supported. The operating rate of downstream PA6 was improved, and raw materials were purchased on demand, focusing on prudent operation. Some caprolactam enterprises shut down for maintenance, and the on-site supply decreased. As of September 13, the price of Sinopec caprolactam liquid was 12900 yuan/ton, which was withdrawn by acceptance. The price of Baling Hengyi caprolactam liquid is 12900 yuan/ton, and the 300000 ton/year unit is normally started, and the acceptance is self raised. The price of caprolactam liquid of Baling Petrochemical is 12900 yuan/ton, and the 450000 ton/year unit is normally started, and the acceptance is self raised.

This week, due to the strong trend of styrene and the support of the downstream pre festival replenishment atmosphere, the pure benzene market improved and the price rebounded. However, due to the decline of crude oil in the later period and the end of downstream replenishment, the market for pure benzene became weak and the price fell slightly. This week, the port inventory of pure benzene in East China increased by 5000 tons to 64600 tons compared with last week, and the port inventory continued to accumulate. This week, the price of Sinopec pure benzene increased by 150 yuan/ton to 7750 yuan/ton.

3、 Future market forecast

Caprolactam analysts from the business community believe that the spot market price of caprolactam continues to rise in the near future. The market of raw material pure benzene is strong, and the cost side is favorable. The supply of some caprolactam enterprises has been reduced due to equipment maintenance or planned maintenance. Downstream demand is also gradually increasing. Under multiple favorable factors, caprolactam market price is expected to continue to rise in the short term.