Price Trend

According to the data of business associations, the domestic liquid caprolactam market has been steadily declining since August. The average price of liquid caprolactam in China was 12983.33 yuan/ton at the beginning of January (1), and 12066.67 yuan/ton on the 9th day, a drop of 7.06%, which was 27.44% lower than that of the same period last year.

II. Market Analysis

Products: Since August, the caprolactam liquid market has been steadily declining. At present, the focus of the East China caprolactam liquid supply transaction is 12 200-12 300 yuan/ton acceptance delivery. The upstream product cyclohexanone market is weak, the cost support is weakened; the downstream slice Market is light, the polymerization plant is losing some money, the enthusiasm of raw material procurement is not high, the caprolactam is dragged down by demand, and the price is lower. At present, more than 70% of caprolactam plants have been started, and the spot market supply has improved. As of August 09, the price of caprolactam liquids in Shandong Luxi Chemical Industry was 11600 yuan/ton, cash was discharged from the factory, and the first and second phases of caprolactam liquids were running normally; the actual transaction was negotiable; the quotation of caprolactam liquids in Sanning, Hubei Province was 12300 yuan/ton, the contract was the main one, 140,000 tons of caprolactam liquids normally, and the price of caprolactam liquids in Tianchen, Fujia 00 yuan/ton, normal operation of the device.

Industry chain: The upstream product cyclohexanone market is weak, the demand of chemical fiber market is general, the solvent just needs to be purchased, and the market turnover is flat. As of August 8, the mainstream offer of cyclohexanone in North China market was delivered in cash from 8100 to 8200, the mainstream offer in East China market was delivered in cash from 8300 to 8400, and the mainstream offer in South China market was delivered in cash from 8700 to 8800.

The downstream PA6 slice Market is stable, slightly declining, the aggregation plant is losing some money, the enthusiasm of raw material procurement is not high, and the spot supply is sufficient, the downstream demand follow-up is relatively negative, maintaining just needed procurement. Domestic businessmen lack confidence in the future market, mostly flexible single-handed, wait-and-see mood dominates, the situation is more difficult.

3. Future Market Forecast

Business associations have lactam analysts believe that: at present, there is no good support on the cost side, downstream demand follow-up weak, weak trading, there is still some room for future downturn.