1、 Price trend
| POLYVINYL ALCOHOL |
According to the bulk list data of business cooperatives, the average price of domestic liquid caprolactam market was 11066 yuan/ton on December 12, and the average price of domestic liquid caprolactam market was 11133 yuan/ton on December 7. The domestic caprolactam price fell 0.60% this week.
2、 Market analysis
Caprolactam market prices fell this week. The price of raw material pure benzene fell first and then rose, and the cost of caprolactam was generally supported. This week, some enterprises may have maintenance plans for the reduction of caprolactam units. The operating rate of downstream domestic PA6 polymerization enterprises decreased by a narrow margin, and the overall load level was about 60%. The demand for caprolactam is stable and purchased on demand. As of December 12, Sinopec’s high-end caprolactam offer was 11900 yuan/ton, and the liquid products were of superior quality, which were accepted in June.
Raw material pure benzene market, this week’s pure benzene trend range shocks. The fundamentals of pure benzene continue to be weak, and the downstream are mostly wait-and-see, with general purchasing intention; During the week, the crude oil fell continuously, and the cost faced a negative impact on the pure benzene market; Downstream styrene grew slightly, boosting the pure benzene market. At the beginning of the week, there was about 140000 tons of pure benzene warehouse in East China port, 10000 tons less than last week. The change in port inventory was small, and the supply pressure was eased. The price of Sinopec’s pure benzene remained stable at 6500 yuan/ton this week (down 50 yuan/ton to 6400 yuan/ton in Shandong and Hebei).
3、 Future market forecast
According to caprolactam analysts from the business community, the recent raw material pure benzene market has been in shock and consolidation operation, the on-site supply of caprolactam is stable, the downstream demand is still sluggish, and the transaction is average. It is expected that caprolactam market will be dominated by weak consolidation in the short term.
| http://www.polyvinylalcohols.com |