1、 Price trend:

According to the data of the bulk list of business agencies, the market of PA6 in China was weak in the first half of April, and the price fluctuated in a narrow range. As of April 10, the main offer price of traders for Zhongzhu 2.75-2.85 was about 10400.00 yuan / ton, which was the same as the average price at the beginning of April.

2、 Analysis of influencing factors:

In terms of caprolactam upstream of PA6, the crude oil and chemical market in the first ten days of this month remained volatile. A number of OPEC adjustments have affected oil prices. In terms of results, the price of pure benzene at the cost end rebounded, but the center of gravity was still low, the port inventory was accumulated, and the market was in a bad mood. Downstream products are dragged down by weak terminal demand, and inventory release is slow. Upstream and demand are weakening at the same time, and the improvement of supply and demand is limited. It is expected that the market trend of caprolactam will be closely related to the price trend of international crude oil and pure benzene in the short term;

In early April, the price of caprolactam was weak and fluctuated, and the improvement of PA6 cost support was limited. At present, the price of PA6 in China is also affected by the external energy and chemical industry, and the spot price has recovered in the near future. The downstream return to work rate is not high, mainly adopt the strategy of bargain hunting and replenishment. Slice enterprise inventory consumption is still slow, the market atmosphere is negative, business mentality is not strong. Industry chain resistance is still in the short term, PA6 market is expected to continue to narrow adjustment.

3、 Future forecast:

Business analysts believe that: in early April, the domestic PA6 market was volatile, and some spot prices have recovered recently. The trend of upstream caprolactam is general, and the improvement of PA6 cost end support is limited. The resumption of downstream factories needs further improvement, and the demand for replenishment is weak. It is expected that PA6 market will continue to adjust in a narrow range in the near future, so it is recommended to operate cautiously.