1、 Price trend

According to the bulk list data of business society, the average ex factory price of domestic caprolactam liquid was 16175 yuan / ton on November 1, and the average ex factory price of domestic caprolactam liquid was 14700 yuan / ton on November 30. The price fell by 9.12% this month.

2、 Market analysis

The price of caprolactam in China fell this month. In the first half of November, due to the increase of caprolactam supply and the decline of raw materials, the price of caprolactam decreased rapidly. The decline of caprolactam slowed down in the second half of November. Enterprises take turns to repair devices for their own use, and the quotation of most enterprises is suspended. By the end of the month, Shandong Luxi Chemical had no quotation for caprolactam, the unit was in normal operation, mainly for self-use and production chips, and was not sold temporarily. The manufacturer’s production capacity is 300000 tons. Fujian Tianchen Yaolong caprolactam liquid has no quotation, with a capacity of 350000 tons / year, and the caprolactam unit is in normal operation. Hubei sanning caprolactam liquid has no quotation, and the 140000 T / a unit is in normal operation. Zhejiang Juhua has no quotation for caprolactam liquid, and the 100000 t / a unit is started normally. Shandong Haili caprolactam liquid has no quotation, with an annual production capacity of 200000 tons. At present, the unit is shut down, and the restart time is to be determined.

Raw material pure benzene market this month. Affected by the weakness of crude oil and styrene, the pure benzene market mentality continued to be suppressed in the first half of the month, with the trend dominated by weak shocks. It is expected that the downstream units will restart and new units will be put into operation, the supply and demand side is expected to be good, and the market price support psychology still exists. The average price was 7640 yuan / ton on November 1 and 6390 yuan / ton on November 30. This month’s decline was 16.36%, an increase of 52.51% over the same period last year.

3、 Future forecast

Caprolactam analysts of business society believe that at present, the raw material pure benzene is still in a declining state, and the cost support is insufficient. Some enterprise devices were restarted, and the supply increased. The downstream slice Market is light, and the demand side has not improved. Under the dual pressure of cost and demand, caprolactam is expected to continue its weak downward operation in December.