According to the statistics of business agency, as of June 17, Jiangsu nylon filament DTY reported 15867 yuan / ton, up 67 yuan / ton, up 0.42%, down 11.36% year-on-year compared with June 10; nylon POY price reported 13520 yuan / ton, up 40 yuan / ton, up 0.30%, down 14.43% year-on-year; nylon FDY price reported 16750 yuan / ton, up 250 yuan / ton, up 1.52%, down 16.67% year-on-year.
| sulphamic acid |
In terms of crude oil, as of June 17, WTI crude oil broke through $40 / barrel in June, with a maximum increase of 11.58%. OPEC + extended production reduction agreement also helped fuel the oil market, leading to soaring oil prices, and the market selectively ignored the adverse factors of the epidemic that remained uncontrolled. However, some OPEC countries, such as Iraq and Nigeria, did not comply with the production reduction agreement. Some countries’ negative production reduction still exposed the market to the risk of oversupply. Crude oil failed to stabilize at $40 and was subject to shock adjustment.
Last week (6.8-6.12), the listing of pure benzene was raised for two times in a row, from 200 yuan / ton to 3700 yuan / ton, which was withdrawn in spot exchange. The cost side of cyclohexanone has formed stable and good support, the downstream procurement volume is large, the supply and demand are relatively balanced, and the price has increased significantly. In terms of caprolactam, on June 8, Sinopec’s listing price of caprolactam was increased by 400 yuan / ton to 10600 yuan / ton (liquid superior products were accepted and withdrawn in June). The supply of caprolactam unit is tight: 100000 tons of units in Luxi and 100000 tons of units in Lubao have been shut down for maintenance, and the industrial operation rate has declined. As can be seen from the chart, the increase of caprolactam is significantly higher than that of upstream and downstream due to the reduction of output.
| Sulfamic acid 99.80% |
PA6 slice Market is becoming weak, and slice price will stabilize after surging. Although the supply of raw materials is tight, the export situation is warm. However, the domestic demand for polymer chips improved generally, and the downstream procurement was more cautious after the price rise of PA6. Under the balance of cost and demand, PA6 price has not been greatly adjusted. Nylon manufacturers in the short-term wait-and-see, as well as raw material inventory consumption, the price should rise. The increase is in the range of 200-500 yuan / ton. Some manufacturers are not quick to receive orders, and the quotation has not been increased.
According to analysts of the business club, the overhaul of caprolactam plant has increased the cost of nylon raw materials. Due to the continuation of OPCE production reduction plan, crude oil is likely to keep high operation, and the high cost of filament fiber may be sustained. It is expected that the price of nylon will keep rising.
| Sulfamic acid |