Low demand, caprolactam price fluctuated slightly (11.14-11.21)

1、 Price trend

 

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According to the bulk list data of business cooperatives, the average price of domestic liquid caprolactam market on November 14 was 12366 yuan/ton, and the average price of domestic liquid caprolactam market on November 21 was 12333 yuan/ton. The domestic caprolactam price fell 0.27% this week.

 

2、 Market analysis

 

Caprolactam market prices fell slightly this week. The price of raw material pure benzene rebounded after falling, and the cost support of caprolactam was strengthened. This week, caprolactam units of some enterprises recovered and market supply increased. The downstream PA enterprises started steadily, and their demand for caprolactam was stable, so they bought as needed.

 

Raw material pure benzene market, this week, the price of pure benzene rose after falling. Due to the overall poor profitability of downstream products, the market trend continues to be weak, and the demand for pure benzene is weak. In the second half of the week, the crude oil fell continuously. The market atmosphere was depressed by bad news, and the price fell back. This week, the inventory of pure benzene at East China port dropped to 87300 tons, and the inventory was consumed slightly.

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3、 Future market forecast

 

Caprolactam analysts from the business community believed that the recent raw material pure benzene market rebounded after falling, and the cost side support was strengthened. The market supply of caprolactam increased, and the downstream demand continued to be sluggish. The transaction was average. It is expected that the caprolactam market will be dominated by weak and stable operation in the short term.

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