Price trend

According to the Commodity Market Analysis System of Business Society, the average market price of domestic caprolactam on February 1st was 13735 yuan/ton, and on February 7th, the average market price of domestic caprolactam was 13775 yuan/ton. This week, the price of caprolactam increased by 0.29%.

quotations analysis

The market price of caprolactam has increased this week. This week, the price of raw material pure benzene has increased, leading to increased cost support. Some caprolactam enterprises have reduced their load operation, resulting in a decrease in market supply. Downstream procurement is mainly based on demand, with fewer new orders in the pre holiday market. As of February 7th, the settlement price for Sinopec’s high-end caprolactam this week is 14150 yuan/ton. It is a liquid premium product and will be accepted and self picked up in June.

The price of raw material pure benzene has increased this week. As of February 7th, the reference price for domestic pure benzene is around 8192 yuan/ton. This week, the price of Sinopec pure benzene was 8300 yuan/ton (prices in Shandong and Hebei regions increased by 450 yuan/ton simultaneously).

The downstream PA6 market remained stable this week. Enterprise owners supply old customers with stable shipping prices. As of February 7th, the average reference price for domestic PA6 is 14775 yuan/ton.

Future Market Forecast

According to analysts from Business Society, the caprolactam market has been steadily rising recently due to favorable factors such as rising costs and reduced supply. It is expected that the market for caprolactam will remain strong in the short term, with prices mainly consolidating and operating.