1、 Price trend

According to the commodity market analysis system of the business community, the average price of domestic liquid Caprolactam was 12037 yuan/ton on July 10, and the average price of domestic liquid Caprolactam was 12162 yuan/ton on July 14. The price of Caprolactam rose 1.04% this week.

2、 Market analysis

Caprolactam market prices rose this week. The price of raw material pure benzene rose, and cost support was strengthened. The spot price of Caprolactam rose with the cost. At present, the supply side is gradually increasing, and the downstream is mainly purchasing on demand. The Caprolactam market continues to be strong. As of July 14, the delivery price of Caprolactam liquid in East China of Shandong Hualu Hengsheng was 12400 yuan/ton. The settlement price of Sinopec high-end Caprolactam is 12550 yuan/ton, and the liquid is superior, which will be accepted and picked up in June.

The price of raw material pure benzene has slightly increased this week. On July 10th, the price of pure benzene was 6378 yuan/ton. On Friday (July 14th), the price of pure benzene was 6396 yuan/ton, an increase of 2.17% compared to last week and a decrease of 29.77% compared to the same period last year. This week, the price of Sinopec pure benzene remained stable at 6600 yuan/ton.

3、 Future Market Forecast

Caprolactam analysts from the business community believe that the price of raw material pure benzene has continued to rise recently, and the cost side support is favorable. The market supply has not eased yet, and terminal demand is being followed up as needed. Under the favorable market factors, it is expected that the Caprolactam market will continue to rise strongly in the short term.