After a weak decline in caprolactam, the market rebounded (10.9-10.16)

1、 Price trend

 

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According to the Commodity Market Analysis System of Business Society, the average market price of domestic liquid caprolactam on October 9th was 13337 yuan/ton, and on October 16th, the average market price of domestic liquid caprolactam was 13050 yuan/ton. Caprolactam prices fell by 2.16% this week.

 

2、 Market analysis

 

The market price of caprolactam fell first and then rose this week. The price of raw material pure benzene has been lowered, and cost support has weakened. Downstream on-demand procurement, with weak terminal demand.

 

The price of raw material pure benzene has slightly decreased this week. On October 9th, the price of pure benzene was 7880 yuan/ton, and on October 16th, the price of pure benzene was 7822 yuan/ton, a decrease of 0.73% compared to last week,

 

This week, the downstream PA6 market weakened and fell, resulting in poor market transactions. As of October 16th, the reference average price of domestic PA6 is 14375 yuan/ton.

 

3、 Future Market Forecast

 

Business Society Caprolactam analysts believe that the caprolactam market has slightly rebounded recently. The market for raw material pure benzene has rebounded, with increased cost support, but terminal demand needs to be improved. It is expected that in the short term, the price of caprolactam will be adjusted and operated with fluctuations in raw materials.

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