1、 Price trend

According to the Commodity Market Analysis System of Business Society, the average market price of domestic liquid caprolactam on September 18th was 14066 yuan/ton, and on September 22nd, the average market price of domestic liquid caprolactam was 13975 yuan/ton. Caprolactam prices fell by 0.65% this week.

2、 Market analysis

The market price of caprolactam rose first and then fell this week. The price of raw material pure benzene has been lowered, and cost support has weakened. At the beginning of the week, the market supply was tight, and the market for caprolactam was strong. As the price of raw material pure benzene continues to decline, the price of caprolactam begins to follow suit. The downstream trend is weak, and demand is decreasing.

The price of raw material pure benzene has slightly decreased this week. On September 18th, the price of pure benzene was 8717 yuan/ton, and on Friday (September 22nd), the price of pure benzene was 8650 yuan/ton, a 2.08% decrease compared to last week. This week, the price of Sinopec pure benzene was at 8400 yuan/ton (prices in Shandong and Hebei regions have also dropped by 400 yuan/ton).

This week, the downstream PA6 market rose first and then fell. As of September 22nd, the reference average price of domestic PA6 is 14825 yuan/ton.

3、 Future Market Forecast

Business Society Caprolactam analysts believe that the caprolactam market has been operating weakly recently. The raw material pure benzene market has fallen, and cost support has weakened. Combined with poor downstream trends, demand has decreased. It is expected that the price of caprolactam will slightly decline in the short term. It is recommended to pay attention to changes in the raw material market.