1、 Price trend

According to the business club’s big list data, domestic caprolactam prices fell this week. The average ex factory price of caprolactam on September 14 was 9650 yuan / ton, while that on September 18 was 9550 yuan / ton. The price fell by 1.04% this week.

2、 Market analysis

Caprolactam supply increased this week and caprolactam prices fell. As of September 18, the price of caprolactam liquid of Shandong Luxi Chemical Co., Ltd. was 9100 yuan / ton, and the factory had a production capacity of 300000 tons. The actual transaction can be discussed. Nanjing Dongfang caprolactam liquid price 10000 yuan / T, 400000 tons / year of the plant normal operation, caprolactam unit normal operation. The price of Sinopec caprolactam liquid is 9900 yuan / ton. Baling Hengyi caprolactam liquid price is 9900 yuan / T, 450000 tons / year, the plant is in normal operation, accepted and delivered. The price of caprolactam liquid of Baling Petrochemical Company is 9900 yuan / ton, and the 300000 tons / year unit is normally started and accepted.

This week, the raw material of pure benzene rebounded after falling in Shandong. The beginning of the week continued last week’s market, price deadlock consolidation. In the second half of the week, with the rise of crude oil, the market focus of pure benzene rose; and the market supply of some hydrogenated benzene units was improved; in addition, the downstream began to prepare goods before the festival, so the enterprise inventory decreased. The downstream PA6 had stable demand for caprolactam.

3、 Future forecast

Caprolactam analysts believe that this week some caprolactam enterprises to resume production, downstream overall market stability. At present, the supply of caprolactam exceeds the demand, and the inventory pressure increases. It is expected that caprolactam market will decline steadily in the short term, and it is suggested to pay attention to terminal demand.