1、 Price trend
| PVA 1788 (PVA BP17) |
According to data from Business News Agency, the average market price of domestic liquid caprolactam on March 13 was 12300 yuan/ton, while the average market price of domestic liquid caprolactam on March 17 was 12300 yuan/ton. Caprolactam prices were stable this week.
2、 Market analysis
The market price of caprolactam was stable this week. The price of raw material pure benzene fell this week, weakening cost support. The supply of caprolactam in the spot market has increased, with downstream procurement being the main demand.
| POLYVINYL ALCOHOL |
The price of raw material pure benzene fell this week. The prices in East China have fallen sharply, and the news in the macro market has exacerbated the pessimistic expectations of the industry for the future, with the cargo holders actively shipping. Downstream buying is insufficient, and the offer is withdrawn. The buying sentiment in the Shandong market is cautious and the transaction is poor.
3、 Aftermarket Forecast
According to caprolactam analysts from the Business Agency, the market for pure benzene, the raw material, has weakened recently, resulting in a poor market atmosphere for caprolactam. The market supply of caprolactam is gradually recovering, and downstream procurement is carefully operated. It is expected that the caprolactam market will be mainly weak in the short term.
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