1、 Price trend:

According to the data of the bulk list of business agencies, the market of PA6 in China was stronger in late May, and the spot prices of various brands increased. As of Friday, may 22, the main offer price of traders for Zhongzhu 2.75-2.85 was about 116633.33 yuan / ton, up 2.35% from the average level at the beginning of the week.

2、 Analysis of influencing factors:

In the first half of the month, the spot supply of caprolactam in the upstream of PA6 was tight, and after the market rose, it is currently running at a high level. According to the data in the business club’s large list, after the domestic pure benzene price strengthened, boosted by the rise of crude oil and external market, it also ran at a high level in the near future. The listing price of Sinopec pure benzene is firm. At present, the improvement of caprolactam supply tension in China is limited, and the stock is still less. The price of caprolactam is relatively stable at present due to the strong willingness of sellers to hold up the price and the support of pure benzene. Some enterprises will restart their equipment soon, and the supply will further improve, but the short-term market of caprolactam spot price may be maintained.

3、 Future forecast:

Business analysts think: in late May, the domestic PA6 market is still strong, and the spot prices of various brands are still slightly increased. The tight supply pattern of caprolactam in the upper reaches improved little, and PA6 cost end supported strongly. The downstream market demand is basically met, and PA6 trading volume is significantly reduced, but businesses generally support the market operation. PA6 market is expected to adjust in a narrow range in the near future.