1、 Price trend

According to the commodity market analysis system of the business community, the average price of domestic liquid Caprolactam was 12162 yuan/ton on July 17, and the average price of domestic liquid Caprolactam was 12237 yuan/ton on July 21. The price of Caprolactam rose 0.62% this week.

2、 Market analysis

Caprolactam market prices rose this week. This week, the price of pure benzene, the raw material, has increased, providing positive cost support. Under cost pressure, the spot price of Caprolactam increases with the cost. The supply side gradually recovered, and the spot market of Caprolactam increased. Downstream procurement is mainly based on demand, and terminal follow-up is average.

The price of raw material pure benzene has slightly increased this week. On July 17th, the price of pure benzene was 6792 yuan/ton. On Friday (July 21st), the price of pure benzene was 6901 yuan/ton, an increase of 7.89% compared to last week and a decrease of 23.53% compared to the same period last year. This week, the price of Sinopec pure benzene remained stable at 6800 yuan/ton.

3、 Future Market Forecast

Caprolactam analysts from the business community believe that the price of raw material pure benzene has risen sharply recently. Affected by the cost boost, the market trend of Caprolactam has risen, and the terminal demand has followed up on demand. The Caprolactam market is expected to rise in the short term due to favorable market factors.