1、 Price trend
According to the commodity market analysis system of the business community, the average price of domestic liquid Caprolactam was 12600 yuan/ton on July 31, and the average price of domestic liquid Caprolactam was 12987 yuan/ton on August 4. The price of Caprolactam rose 3.08% this week.
2、 Market analysis
Caprolactam market prices rose this week. The price of raw material pure benzene continues to rise, and cost support is strengthened. Under cost pressure, the spot price of Caprolactam continues to rise along with the raw material market. Some devices of Caprolactam have been overhauled, and the number of spot products on the market has decreased, and the downstream will follow up as required. As of August 4, the settlement price of Sinopec high-end Caprolactam was 13650 yuan/ton, and the liquid products were of superior quality, which were accepted and withdrawn in June.
The price of raw material pure benzene has increased this week. On July 31st, the price of pure benzene was 7287 yuan/ton. On Friday (August 4th), the price of pure benzene was 7670 yuan/ton, an increase of 6.08% compared to last week and a decrease of 9.94% compared to the same period last year. This week, the price of Sinopec pure benzene rose to 7600 yuan/ton (with prices in Shandong and Hebei regions simultaneously increasing by 400 yuan/ton).
3、 Future Market Forecast
Caprolactam analysts from the business community believe that the price trend of raw material pure benzene is relatively strong in recent days. Affected by the cost boost and the reduction of the supply side, the price trend of Caprolactam market continues to rise. Under the favorable factors, it is expected that the price of Caprolactam will continue to rise in the short term.
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