1、 Price trend
According to the bulk list data of business cooperatives, the average price of domestic liquid caprolactam market on September 12 was 12316 yuan/ton, and the average price of domestic liquid caprolactam market on September 19 was 12400 yuan/ton. Caprolactam prices rose 0.68% this week.
2、 Market analysis
Caprolactam market prices rose slightly this week. The price of raw material pure benzene fluctuated slightly, and the cost side of caprolactam was stable. Downstream enterprises are cautious in purchasing and take goods as needed. At present, the spot market of caprolactam is in consolidation and operation, and the industry is mainly wait-and-see. As of September 19, the price of Sinopec caprolactam liquid was 12900 yuan/ton, which was withdrawn by acceptance.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, the raw material pure benzene rose and then fell back in a narrow range. Affected by the typhoon weather, the arrival of the ship was delayed, and the shipment in Shandong was good, so the pure benzene rose after the festival. However, the crude oil fell sharply, coupled with the softening of styrene, driving the center of gravity of pure benzene to weaken, and near the weekend, pure benzene fell back 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 stabilized at 7750 yuan/ton.
3、 Future market forecast
Caprolactam analysts from the business community believe that the recent price rise of caprolactam spot market has been postponed. The market of raw material pure benzene fluctuates, and the cost side waits and sees. Before the festival, the downstream stock began to increase one after another. Caprolactam manufacturers offered firm prices and played a game of supply and demand on the market. It is expected that the short-term caprolactam market price will be dominated by narrow fluctuations.