Balance between supply and demand, caprolactam price stabilizing (5.29-6.5)

1、 Price trend

 

According to the commodity market analysis system of the business community, the average price of domestic liquid caprolactam market was 12580 yuan/ton on May 29, and 12185 yuan/ton on June 5. Caprolactam prices fell 3.14% this week.

 

2、 Market analysis

 

Caprolactam market prices fell this week. The price of raw material pure benzene has been lowered, resulting in insufficient cost support. At present, the supply and demand of caprolactam market is balanced, and the downstream purchase is mainly on demand. The market transaction is cautious.

 

The price of raw material pure benzene has slightly decreased this week. Downstream restocking has been completed recently, mainly due to inventory consumption, and spot prices have decreased. The price of pure benzene was 6572 yuan/ton on May 29th, and 6500 yuan/ton on June 5th, a decrease of 1.1% compared to last week. This week, the price of Sinopec pure benzene remained stable at 6500 yuan/ton.

 

3、 Future Market Forecast

 

Caprolactam analysts from the business community believe that the price of raw material pure benzene has stabilized recently, and the cost side support is acceptable. The terminal demand is relatively flat, and the market supply and demand are in a game. It is expected that the caprolactam market price will stabilize in the short term, and the operation will be dominated.

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