1、 Price trend

According to the bulk list data of business society, the average market price of domestic liquid caprolactam was 13587 yuan / ton on February 28 and 13900 yuan / ton on March 6. The price of caprolactam rose 2.30% this week.

2、 Market analysis

Caprolactam prices rose this week. Due to the rise of crude oil this week, the price of raw material pure benzene rises, and the cost is supported. Downstream procurement is mainly contract orders, and the demand needs to be followed up. As of March 6, the price of Sinopec caprolactam liquid was 14200 yuan / ton. The price of Baling Hengyi caprolactam liquid is 14200 yuan / ton, 450000 tons / year. The unit is started normally and delivered after acceptance. The price of caprolactam liquid of Baling Petrochemical is 14200 yuan / ton, 450000 tons / year. The unit is started normally and delivered after acceptance. Shandong Luxi Chemical Liquid caprolactam liquid has no quotation, and the manufacturer’s production capacity is 300000 tons. The price of Shandong Hualu Hengsheng caprolactam bulk water is 14300 yuan / ton, which is accepted and sent to East China, and the manufacturer’s unit capacity is 300000 tons / year.

Raw material pure benzene fell narrowly in the first half of the week and rebounded broadly in the second half of the week. Due to the loss of profits of downstream main products, some units have reduced the load and stopped, and the demand for pure benzene is insufficient; Shandong local refining enterprises generally take goods; Superimposed on the weak price of styrene, pure benzene weakened slightly at the beginning of the week. In the second half of the week, affected by the escalation of geopolitical tensions, crude oil soared and the external market rose, driving the domestic pure benzene market to rise. This week, Sinopec raised the price of pure benzene twice, a total of 600 yuan / ton to 8500 yuan / ton.

3、 Future forecast

Caprolactam analysts of business society believe that due to the recent sharp rise in crude oil prices and the continuous rise in the price of raw material pure benzene, caprolactam is the main player in the market. It is expected that the caprolactam market will continue to rise in the short term. It is suggested to pay attention to the changes in raw material prices.