1、 Price trend

According to the Commodity Market Analysis System of Business Society, the average market price of domestic liquid caprolactam on November 20th was 12975 yuan/ton, and on November 24th, the average market price of domestic liquid caprolactam was 13237 yuan/ton. This week, the price of caprolactam increased by 2.02%.

2、 Market analysis

The market price of caprolactam has increased this week. The price of raw material pure benzene has been lowered, weakening cost support. Some companies may undergo maintenance or load reduction of caprolactam units, resulting in tight spot supply in the market and stable downstream demand. Supported by supply and demand, the market trend of caprolactam is improving. As of November 24th, the settlement price for Sinopec’s high-end caprolactam this week is 13500 yuan/ton. It is a liquid premium product and will be accepted and self picked up in June.

This week, the price of raw material pure benzene has slightly decreased. On November 20th, the price of pure benzene was 7717 yuan/ton. On Friday (November 24th), the price of pure benzene was 7642 yuan/ton, a decrease of 1.39% from last week. This week, the price of Sinopec pure benzene was 7750 yuan/ton (prices in Shandong and Hebei regions were synchronized).

Downstream PA6 prices have slightly increased this week. The domestic PA6 market has rebounded narrowly, with some spot prices rising. As of November 24th, the average reference price for domestic PA6 is 14487.5 yuan/ton.

3、 Future Market Forecast

Business Society Caprolactam Analysts believe that in recent days, the caprolactam market has been dominated by market trends. The market for raw material pure benzene is weakening, with insufficient cost support. In the later stage, as the enterprise facilities gradually recover, the supply shortage phenomenon has been alleviated. Expected short-term consolidation of caprolactam prices.