1、 Price trend

According to the bulk list data of business cooperatives, the average price of domestic liquid caprolactam market on October 17 was 12366 yuan/ton, and the average price of domestic liquid caprolactam market on October 24 was 12266 yuan/ton. The domestic caprolactam price fell 0.81% this week.

2、 Market analysis

The caprolactam market fell slightly this week and then consolidated. The price of raw material pure benzene fell, the cost end support of caprolactam weakened, the market supply was tight, and downstream procurement was based on demand, mainly on wait-and-see. The operating rate of downstream polymerization plants increased, and the demand for caprolactam was stable. As of October 24, the price of Sinopec caprolactam liquid was 13100 yuan/ton, which was withdrawn by acceptance. The price of caprolactam liquid of Baling Petrochemical is 13100 yuan/ton, and the acceptance is self extracting.

Raw material pure benzene market, the price of pure benzene has weakened this week. Due to the fact that the downstream demand is multi-dimensional and needs to be followed up, the enterprises in Shandong are under pressure to ship goods, and they are willing to arrange the warehouse. The focus of the negotiation is weak, and the price of pure benzene continues to decline in the week. At the beginning of this week, the arrival of pure benzene at East China Port was slightly delayed, and the inventory dropped to 45200 tons. This week, the price of Sinopec pure benzene was lowered by 150 yuan/ton to 7850 yuan/ton (the price in Hebei and Shandong was lowered to 7900 yuan/ton).

3、 Future market forecast

Caprolactam analysts from the business community believe that the price of raw material pure benzene tends to be stable after the recent downturn, and the decline slows down. The caprolactam market should be cautious, focusing on consolidation and operation. It is expected that the short-term caprolactam market will be dominated by stable consolidation and operation.

Price trend

According to the bulk list data of business cooperatives, the domestic PA66 market price rose in mid October, and the spot price of each brand was stable or rising. As of October 22, the ex factory price of the glue injection molding sample enterprises in the business agency PA66 was about 25250 yuan/ton on average, up and down by+2.02% compared with the average price at the beginning of the month.

Cause analysis

Industrial chain: upstream, the domestic adipic acid market has reversed recently. The main reason for the decline is the low cost of pure benzene and weak demand. The supply of hexamethylene diamine is still tight, and merchants are reluctant to sell. The market is firm, and the mentality of enterprises and merchants is stable.

The upstream raw material market is fair, and the cost side of PA66 is strongly supported. In terms of industry operation rate, recently, PA66 enterprises have been affected by the tight supply of raw materials, the industry load has been limited, the spot supply in the market is tight, and the inventory has increased. In terms of the port, the inventory position is acceptable, and the arrival of overseas goods is average. In terms of demand, the current terminal enterprises prefer to just maintain production after taking goods. Although it is still in the traditional demand peak season of “Silver Ten”, the downstream are resistant to high price goods, and the release of factory demand is less than that of previous years. The shipping speed of the merchants declined, and there was an operation of sneaking goods, and the deal was average on the floor.

Future market forecast

Analysts from the business community believe that the spot price of PA66 rose in mid October. The raw material side market remained strong, and the cost side support of PA66 was fair. The load of PA66 enterprises is low, the pressure on the supply side is still small, and the demand side is slow to get goods. It is expected that PA66 will weaken in the short term due to the lagging consumption follow-up.

According to the data monitored by the business community, as of October 19, the average price of PMMA for domestic general transparent premium products was 16225.00 yuan/ton, a small increase of 0.78% compared with the same period last week. PMMA prices are mainly stable. At present, the quotation range of mainstream manufacturers is about 16100 yuan/ton, the overall market supply and demand are balanced, and the operating rate is stable.

According to the monitoring of the business community, the average price of nitric acid on October 17 was 2333 yuan/ton, and the quotation was the same as that on October 1.

During 10.1-10.17, the upstream liquid ammonia decreased by 3.81%. The downstream aniline rose 12.8%, TDI rose 35.33%, the price of potassium nitrate was stable, and the price of ammonium nitrate was stable. The support for the cost of liquid ammonia is weak, and nitric acid analysts from the business community predict that the price of nitric acid may decline.

Product name: dimethyl carbonate

Latest price (October 17): 6833 yuan/ton

Key points for analysis: According to the data monitoring chart of the business community, on October 17, the domestic dimethyl carbonate market was weak and fell. The average ex factory price of dimethyl carbonate was 6833 yuan/ton, down 167 yuan/ton, or 2.38%, compared with the previous working day. On the 17th, the domestic dimethyl carbonate market was weak, the trading atmosphere in the market was light, and the downstream transactions were relatively calm.

Future market forecast: At present, the downward market of raw material propylene oxide has given dimethyl carbonate a loose support, and the downstream demand side is generally supported. In the opinion of the dimethyl carbonate data engineer of the business community, in the short term, the domestic dimethyl carbonate market is mainly adjusted and operated in a narrow range, and more attention should be paid to the information changes on the supply and demand side.