1、 Price trend
| Gamma Polyglutamic Acid |
According to the Commodity Market Analysis System of Business Society, the average market price of domestic liquid caprolactam on December 11th was 13112 yuan/ton, and on December 18th, the average market price of domestic liquid caprolactam was 13075 yuan/ton. This week, the price of caprolactam fell by 0.29%.
2、 Market analysis
This week, the market price of caprolactam has slightly increased after a decline. The price of raw material pure benzene has increased, leading to increased cost support. Downstream procurement is based on demand, and procurement is relatively cautious. The supply side of caprolactam is gradually recovering, and market confidence is increasing. As of December 18th, the settlement price of Sinopec’s high-end caprolactam this week is 13350 yuan/ton. It is a liquid premium product and will be accepted and self picked up in June.
The price of raw material pure benzene has slightly increased this week. On December 11th, the price of pure benzene was 6742 yuan/ton, and on December 18th, the price of pure benzene was 6837 yuan/ton, an increase from last week. This week, the price of Sinopec pure benzene was 6800 yuan/ton (prices in Shandong and Hebei regions are synchronized).
| Gamma Polyglutamic acid Cosmetic |
This week, the downstream PA6 market stabilized and saw a narrow rise. The load of domestic polymerization plants is almost horizontal, and the inventory position remains low. The demand side is cautious in purchasing goods, and market trading tends towards the low-end. It is expected that the supply of goods in the future may increase due to new production facilities, and the PA6 market may continue to consolidate and operate in the short term.
3、 Future Market Forecast
Business Society Caprolactam Analysts believe that the market price of caprolactam has slightly increased recently. The raw material pure benzene market has started to recover, and the downstream PA6 market has risen, indicating a decent demand for raw materials. It is expected that the price of caprolactam will continue to improve in the short term.
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