1、 Price trend

According to the commodity market analysis system of the business community, the average price of domestic liquid caprolactam market was 12850 yuan/ton on April 10, and the average price of domestic liquid caprolactam market was 12850 yuan/ton on April 14. Caprolactam prices are stable this week.

2、 Market analysis

The caprolactam market price was smooth this week. The price of raw material pure benzene has increased, and cost support is good. At present, the supply and demand of caprolactam market is stable, and the transaction atmosphere is weak. Downstream on-demand procurement is the main focus, and the rise of the PA6 market is temporarily postponed. As of April 14, Shandong Hualu Hengsheng had raised the price of caprolactam liquid to 13000 yuan/ton, accepted it to East China, and the manufacturer’s plant capacity was 300000 tons/year. The settlement price of Sinopec high-end caprolactam is 13300 yuan/ton, which is a high-quality liquid product. It will be accepted and picked up in June.

The price of raw material pure benzene has slightly increased this week. The port continues to go to the warehouse, and downstream demand for raw materials is relatively stable, supporting price increases. The inventory of Shandong Refinery is low, and the quoted price is high, causing the focus of transaction to shift upwards. On Friday (April 14th), the price of pure benzene was between 7403-7750 yuan/ton, an increase of 0.67% compared to last week. This week, the price of Sinopec pure benzene remained stable at 7450 yuan/ton.

3、 Future Market Forecast

Caprolactam analysts from the business community believe that the price of raw material pure benzene has been firm recently, and the cost side has certain support. But downstream demand has decreased, with more low-priced procurement being the main focus. It is expected that caprolactam market price will continue to consolidate in the short term.