1、 Price trend

According to the Commodity Market Analysis System of Business Society, the average market price of caprolactam in China on May 11th was 12900 yuan/ton, which is 0.58% higher than the average market price of 12825 yuan/ton on May 6th.

2、 Market analysis

The market price of caprolactam has increased this week. The price of raw material pure benzene has increased, leading to increased cost support. The downstream operating rate has increased, leading to a positive demand for raw materials. The overall industry chain market trend is moving upwards. Some companies have resumed maintenance of their caprolactam units, leading to an increase in market supply. The settlement price of Sinopec caprolactam is 13350 yuan/ton, which is a high-quality liquid product.

Raw material pure benzene market. This week, the price of pure benzene has slightly increased. On May 6th, the price of pure benzene was 8665.5 yuan/ton, and on May 11th, the price of pure benzene was 8750.5 yuan/ton, with a price increase of 0.98%. This week, the price of Sinopec’s pure benzene is 8800 yuan/ton (prices in Shandong and Hebei regions are synchronized).

Downstream PA6 market. The domestic PA6 market has risen this week. The high level of construction in the aggregation factory has increased the enthusiasm for raw material procurement. As of May 11th, the reference price for domestic PA6 is 14687.5 yuan/ton.

3、 Future Market Forecast

Business Society Caprolactam Analysts believe that the recent trend of caprolactam market is upward. The optimistic upstream and downstream market has driven the price of caprolactam to slightly rebound and rise. It is expected that the short-term market for caprolactam will tend to be strong, with consolidation and operation being the main focus.