1、 Price trend
According to the Commodity Market Analysis System of Business Society, the average market price of domestic caprolactam on March 11th was 13525 yuan/ton, and on March 15th, the average market price of domestic caprolactam was 13300 yuan/ton. This week, the price of caprolactam fell by 1.66%.
2、 Market analysis
The market price of caprolactam has fallen this week. This week, the price of raw material pure benzene has increased, leading to increased cost support. There is a high supply of caprolactam in the market, and downstream purchases are made on demand. The supply and demand side support is weak, and manufacturers and distributors are cautious and cautious. Last week, the final price of Sinopec caprolactam was 13500 yuan/ton, which is a high-quality liquid product.
Raw material pure benzene market. This week, the price of pure benzene has increased. On March 11th, the price of pure benzene was 8342 yuan/ton. On Friday (March 15th), the price of pure benzene was 8550 yuan/ton, an increase of 3.49% compared to last week. This week, the price of Sinopec pure benzene was 8350 yuan/ton.
Downstream PA6 market. The PA6 market price has fallen this week. Enterprise quotations have been lowered, mainly for old customers. As of March 15th, the average reference price for domestic PA6 is 14950 yuan/ton.
3、 Future Market Forecast
Business Society Caprolactam Analysts believe that the caprolactam market has been stabilizing recently. The raw material pure benzene is strengthening, and there is still support on the cost side. But the market supply is sufficient, and terminal demand is limited. Under the supply-demand game, it is expected that the short-term consolidation of the caprolactam market will be the main trend.
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