Price trend

According to the data of business news agency’s block list, caprolactam domestic market continued a positive trend in early March, and the spot price kept rising. As of March 4, the average price of caprolactam sample enterprises was 14016.67 yuan / ton, up 28.20% compared with the same period in February.

quotations analysis

From the domestic caprolactam market trend in early March, the spot price fluctuated and rose, and caprolactam is still on the way of rising. Today (March 4), the price of Baling Hengyi caprolactam liquid is 14500 yuan / ton. The 450000 ton / year unit is now in normal operation and delivered by acceptance. The price of caprolactam liquid in Baling Petrochemical Company is 14500 yuan / T. The 300000 t / a unit is normally started and delivered by acceptance. In terms of upstream pure benzene, supported by a sharp drop in crude oil production capacity and a stronger cost side, the price of external pure benzene rose. Domestic pure benzene was boosted, adding up the low inventory of enterprises, and the price continued to rise. It is reported that Guangzhou Petrochemical Company has optimized its business process, realized the export of more than 3000 tons of pure benzene by sea, successfully opened up the export process of pure benzene by sea, and laid a good foundation for broadening sales channels. Domestic pure benzene port inventory continued to decline, Shandong refining inventory is not high, short-term supply is expected to be tight. It is expected that the price of pure benzene will still rise.

Future forecast

Caprolactam analysts of business society think: today, domestic caprolactam rose slightly, and the upper pure benzene market was high, which strongly supported the cost of caprolactam. Sinopec rose to boost confidence in the market. Caprolactam supply is still tight and improvement is limited. The downstream side mainly purchases on demand, and the recent single volume is warmer. It is expected that caprolactam market will be sorted out in the short term.