Caprolactam price rises strongly (11.9-11.13)

1、 Price trend

 

Gamma Polyglutamic Acid

According to the business club’s big list data, the recent domestic caprolactam price rise. The average ex factory price of caprolactam on November 9 was 9833 yuan / ton, and that on November 13 was 10000 yuan / ton. The price rose by 1.69% this week.

 

2、 Market analysis

 

This week due to raw material pure benzene rose, tight supply, good increase, caprolactam prices rose strongly. As of November 13, Fujian Tianchen Yaolong caprolactam liquid price 10700 yuan / ton, cash factory, the factory capacity of 300000 tons, the actual transaction can be discussed. Nanjing Dongfang caprolactam liquid price is 10700 yuan / ton, 400000 tons / year unit is running normally, caprolactam unit is running normally. Sinopec caprolactam liquid price 10800 yuan / ton. Baling Hengyi caprolactam liquid price 10800 yuan / T, 450000 tons / year, the plant was normally started, accepted and delivered. The price of caprolactam liquid of Baling Petrochemical Company is 10800 yuan / T, and the 300000 tons / year unit is normally started up and accepted.

 

Driven by the strong rise of styrene downstream, combined with the strong support of crude oil and external market wide rise, the price of raw material pure benzene continued to rise this week. This week, Sinopec’s price of pure benzene was raised twice, from 250 yuan / ton to 4000 yuan / ton.

 

3、 Future forecast

 

Caprolactam analysts believe that due to the rise of raw material pure benzene, the cost is favorable to support, supply is more tight, caprolactam prices are up. The trend of caprolactam is still upward, and some enterprises are still under short-term maintenance plan.

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