1、 Price trend
PVA |
According to the Commodity Market Analysis System of Business Society, the average market price of liquid caprolactam in China was 13375 yuan/ton on September 11, and 14066 yuan/ton on September 18. The price of caprolactam increased by 5.17% this week.
2、 Market analysis
The market price of caprolactam has risen this week. The price of raw material pure benzene has significantly increased, providing positive cost support. Follow up on downstream demand with caution and prioritize on-demand procurement. The local supply of caprolactam in the market has decreased, and the supply side has performed well.
The price of raw material pure benzene has significantly increased this week. On September 11th, the price of pure benzene was 8045 yuan/ton, and on September 18th, the price of pure benzene was 8717 yuan/ton, an increase of 8.35%. This week, the price of Sinopec pure benzene was 8800 yuan/ton.
The downstream PA6 market saw a significant increase this week. The cost side support of PA6 is strengthening. The domestic polymerization plant has stable load, abundant supply, and inventory has been digested. In terms of demand, it is average, but downstream stocking enthusiasm is constrained by high prices. As of September 18th, the domestic PA6 mixed benchmark price is 14900 yuan/ton.
3、 Future Market Forecast
Business Society Caprolactam analysts believe that the caprolactam market has been relatively strong recently. Although the raw material pure benzene has slightly declined after the rise, there is still support on the supply side. It is expected that the price of caprolactam will continue to remain high and firm in the short term.
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