1、 Price trend

According to the data of the bulk list of business agency, the average market price of domestic liquid caprolactam was 12500 yuan / ton on August 1, and the average market price of domestic liquid caprolactam was 12000 yuan / ton on August 8. The price of caprolactam fell by 4.00% this week.

2、 Market analysis

The caprolactam market price continued to drop this week. The price of raw material pure benzene is lowered, and the cost of caprolactam is weak. The market demand is poor, and a small amount of downstream purchase is required. The on-site supply is fair, the trading volume is small, and the market is still depressed. As of August 8, the price of Sinopec caprolactam liquid was 13200 yuan / ton, and the acceptance was self drawn.

Raw material pure benzene fell weakly this week. This week, the inventory of pure benzene in East China port increased by 4000 tons, and the inventory is still tight. After filling the empty space at the end of the month, the speed of picking up goods at the downstream has slowed down significantly. In addition, most of the downstream have suffered losses, and the resistance to high price pure benzene has increased. The economic shutdown and maintenance have increased, and the demand for pure benzene has decreased. Due to poor downstream demand, Sinopec has lowered its listing price for many times, driving the market price down continuously. As of August 8, the price of domestic pure benzene was 8050-8200 yuan / ton.

3、 Future forecast

The caprolactam analysts of business society believe that the current caprolactam market is mainly negative and the price continues to fall. When both the cost side and the demand side are weak, the depressed market is difficult to change. It is expected that the market price of caprolactam will continue to decline in the short term.