1、 Price trend

According to the business club’s big list data, the domestic caprolactam market price rose this week. The average ex factory price of caprolactam on July 6 was 10333 yuan / ton, while that on July 10 was 9933 yuan / ton, with a price drop of 3.87%.

2、 Market analysis

The actual production capacity of Shandong Hexi Chemical Co., Ltd. was 9300 tons, and the actual production capacity of Luxi Chemical was 9300 tons. Nanjing Dongfang caprolactam liquid price 10600 yuan / T, 400000 tons / year of the plant normal operation, caprolactam unit normal operation. Baling Hengyi caprolactam liquid price 10400 yuan / T, 450000 tons / year, the plant was normally started, accepted and delivered. The price of caprolactam liquid of Baling Petrochemical Company is 10400 yuan / T, and the 300000 tons / year unit is normally started and accepted.

The listing price of raw material pure benzene was 3050-3300 yuan / ton (the average price was 3150 yuan / ton), which was 10 yuan / ton higher than last week, or 0.32%. This week, Sinopec’s listed price of pure benzene remained stable, and the price of pure benzene in Shandong rebounded slightly. In the first half of the week, Shandong pure benzene experienced a wave of bottoming rebound. In the second half of the week, due to the continuous impact of higher inventory, the market mentality was slightly poor and the price was stable. Downstream PA6 slices fell this week, with cold trading.

3、 Future forecast

Caprolactam analysts believe that the current raw material prices continue to fall, cost support is limited, the downward trend is still in. Now caprolactam supply is sufficient, downstream demand is poor, the overall market is weak. Caprolactam prices are expected to continue to fall in the future.