Price Trend
| Gamma Polyglutamic Acid |
According to the data monitoring of the business associations’list, the market of caprolactam dropped slightly this week. The average price of domestic liquid caprolactam was 13933.33 yuan/ton at the beginning of the week, 12750 yuan/ton at the end of the week and 1183 yuan/ton at the end of the week, a decline of 8.49%.
II. Market Analysis
This week, caprolactam market prices fell, demand was light, supply sales were slow, the focus of spot transactions was explored. At present, Hubei Sanning caprolactam liquid quoted 13750 yuan/ton, the contract is the main, 140,000 tons of caprolactam plant normal operation; Shandong Luxi chemical caprolactam liquid price 12,000 yuan/ton, cash out of the factory, the first and second phase of the plant normal start-up operation; Baling Hengyi caprolactam liquid quoted 14550 yuan/ton, plant operation, can receive new orders.
| gamma polyglutamic acid fertiliser(fertilizer) grade |
III. Industrial Chain
The price of downstream conventional spinning chips maintained a narrow range of fluctuations, manufacturers started work load is general, demand rigid procurement, market inquiries are more cautious.
IV. Future Market Forecast
Business associations have been lactam analysts believe that the domestic market has been downgraded lactam, with the late supply tightening, downstream replenishment of more rigid demand, is expected to show a narrow fluctuation trend in the short term.
| Gamma Polyglutamic acid Gamma PGA |