Price Trend

According to the data monitoring of the business associations’list, the market of caprolactam is in a downturn this week. The average price of domestic liquid caprolactam is 14017 yuan/ton at the beginning of the week, 13717 yuan/ton at the end of the week, and the price is reduced by 300 yuan/ton, a drop of 2.14%.

II. Market Analysis

The market price of caprolactam was slightly revised back this week. The spot transaction price was 1310-13800 yuan/ton, and the price was narrowly arranged. It is understood that the focus of spot transactions is narrow and volatile, the supply of goods is tightened slightly, the pressure of manufacturers to ship is general, and the market declines gradually. At present, the price of Shandong Fangming caprolactam liquids is 13500 yuan/ton, the electricity remittance is out of the factory, the stock is low, 100,000 tons of equipment is in normal operation, the actual transaction can be negotiated; Baling Hengyi caprolactam liquids quoted 14200 yuan/ton, equipment operation, can receive new orders; Shandong Luxi chemical caprolactam liquids price is 13400 yuan/ton, cash is out of the factory, and the first and second phase units are in normal operation.

III. Industrial Chain

The price of downstream conventional spinning chips maintained a narrow fluctuation, the start-up load of manufacturers gradually increased, the demand gradually increased, the supply of lactam on demand, market inquiries are more cautious.

IV. Future Market Forecast

Business associations have been lactam analysts believe that domestic lactam has ended a good environment. With the gradual recovery of supply in the latter period, downstream replenishment demand is more rigid, and short-term market is expected to show a narrow fluctuation trend.