1、 Price trend
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According to the data of Business News Agency, the average market price of domestic liquid caprolactam was 12200 yuan/ton on February 27 and 12300 yuan/ton on March 6. The domestic caprolactam price rose 0.82% this week.
2、 Market analysis
The market price of caprolactam rose this week. The caprolactam market is generally operating well due to the increase in the price of raw material pure benzene and the strengthening of cost support. The load of caprolactam plant increased and the market supply increased. Downstream just need to purchase, and the transaction atmosphere is acceptable.
The price of raw material pure benzene rose this week. The price of Sinopec pure benzene rose to 7100 yuan/ton this week. The domestic price of pure benzene is 6900-7420 yuan/ton.
3、 Aftermarket forecast
The caprolactam analyst of the Business Agency believes that the caprolactam market has stabilized recently. The market of raw material pure benzene continued to strengthen, with favorable cost support. However, the market spot supply increased, and the terminal demand still needs to be improved. It is expected that the price of caprolactam will be mainly stabilized and operated in the short term.
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