The price of caprolactam fell on March 16

Trade name: caprolactam

 

Latest price: 14900 yuan / ton

 

Key points of analysis: the price of caprolactam fell on March 16, down 1.11% compared with the previous trading day. Today, the international oil price fell and the price of raw material pure benzene decreased. As the cost side support weakened, caprolactam enterprises lowered their prices accordingly. Due to the decline of crude oil and pure benzene market, the demand side is weak. Negative factors increased and the caprolactam market weakened.

 

Future forecast: the price of caprolactam will continue to fall in the short term.

Polyglutamic acid

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