1、 Price trend

According to the Commodity Market Analysis System of Business Society, the average market price of domestic liquid caprolactam on January 8th was 13862 yuan/ton, and on January 12th, the average market price of domestic liquid caprolactam was 13800 yuan/ton. The price of caprolactam fell by 0.45% this week.

2、 Market analysis

The market price of caprolactam has fallen this week. The price of raw material pure benzene has slightly increased, and the cost side has remained stable with little movement. The parking device for caprolactam is gradually opening up, and the market supply is gradually increasing. Downstream market conditions have fallen, weakening willingness to purchase raw materials. As of January 12th, the settlement price for Sinopec’s high-end caprolactam this week is 14100 yuan/ton, which is a high-quality liquid product. It will be accepted and self picked up in June.

This week, the price of raw material pure benzene has slightly increased. On January 8th, the price of pure benzene was 7413 yuan/ton, and on Friday (January 12th), the price of pure benzene was 7480 yuan/ton, an increase of 0.8% compared to last week. This week, the price of Sinopec pure benzene was 7450 yuan/ton (prices in Shandong and Hebei regions were synchronized).

This week, the downstream PA6 market trend is weak, with prices mainly falling. As of January 12th, the average reference price for domestic PA6 is 14675 yuan/ton.

3、 Future Market Forecast

Business Society Caprolactam Analysts believe that the caprolactam market has been weakening recently. Although there is support on the cost side, there is insufficient support on the supply and demand side. It is expected that the price of caprolactam will be weak in the short term, and it is recommended to focus on cost and supply-demand changes.