1、 Price trend

According to the Commodity Market Analysis System of Business Society, the average market price of caprolactam in China on June 7th was 13552 yuan/ton, which is a decrease of 0.55% compared to the average market price of 13627 yuan/ton on June 3rd.

2、 Market analysis

The market price of caprolactam has fallen this week. The price of raw material pure benzene has decreased, weakening cost support. Downstream procurement is cautious and has a resistance to high prices, resulting in average market trading. As of now, the settlement price of Sinopec caprolactam is 14120 yuan/ton, which is a high-quality liquid product.

Raw material pure benzene market. This week, the price of pure benzene has slightly decreased. On June 3rd, the price of pure benzene was 9300 yuan/ton. On Friday (June 7th), the price of pure benzene was 9292 yuan/ton, a 0.09% decrease from last week. This week, the price of Sinopec pure benzene was 9300 yuan/ton.

Downstream PA6 market. The recent PA6 market trend has been stable. The purchasing demand for domestic aggregation plants has weakened, and market trading is average. Terminal stocking is relatively cautious. As of June 7th, the reference price for domestic PA6 is 15100 yuan/ton.

3、 Future Market Forecast

Business Society Caprolactam Analysts believe that the market price of caprolactam has recently decreased. At present, due to insufficient cost support and slowing terminal demand, the market for caprolactam is beginning to decline. It is expected that the market price of caprolactam will be weak in the short term, and consolidation will be the main trend.