1、 Price trend
According to the data from the business club’s bulk list, the average ex factory price of domestic caprolactam liquid on October 1 was 9333 yuan / ton, while that on October 31 was 9800 yuan / ton. The price rose by 5.00% this month.
2、 Market analysis
Domestic caprolactam prices rose this month. The price of caprolactam began to rise after a small fluctuation in early October. Caprolactam inventory decreased and supply decreased. Raw material pure benzene rose, downstream demand for caprolactam increased, upstream and downstream strong support, caprolactam prices rose. At the end of the month, the downstream demand weakened and the market gradually stabilized. As of the end of the month, the price of caprolactam liquid of Shandong Luxi Chemical Co., Ltd. was 9400 yuan / T, and the factory had a production capacity of 300000 tons. The actual transaction could be discussed. Nanjing Dongfang caprolactam liquid price of 10200 yuan / T, 400000 tons / year of the plant normal operation, caprolactam unit normal operation. The price of Baling Hengyi caprolactam liquid is 10100 yuan / T, 450000 tons / year, the plant is normally started up and accepted. The price of caprolactam liquid of Baling Petrochemical Company is 10100 yuan / T, and the 300000 tons / year unit is normally started up and accepted.
The raw material of pure benzene met the National Day in early October, and the price of pure benzene remained stable. Return after the festival, driven by the downstream styrene pull up, prices rose rapidly. In mid October, the price of pure benzene began to rise after a slight decline. Near the end of the month, crude oil plummeted, combined with the weak fundamentals of pure benzene itself, the price fell weakly. This month, Sinopec North China increased 300 yuan / ton, and other regions increased 150 yuan / ton.
3、 Future forecast
Caprolactam analysts believe that the current raw material pure benzene inventory consumption is slow, there is still pressure, the downstream follow-up is insufficient, enthusiasm weakened. Some enterprises will increase the supply of caprolactam after plant restart. It is expected that caprolactam market will enter a stable consolidation stage in November, with a small range of shocks within the range.
| PVA |