Monthly Archives: November 2021

Raw material fluctuation in October, caprolactam prices rose first and then fell

1、 Price trend

According to the bulk list data of business society, the average price of domestic liquid caprolactam was 16050 yuan / ton on October 1 and 16175 yuan / ton on October 31. The price of caprolactam rose by 0.78% this month.

2、 Market analysis

The price of caprolactam rose first and then fell this month. In the first half of October, the price of raw materials rose after the national day, with strong cost support. Some enterprises have not resumed supply due to the impact of dual control, and the supply of goods is relatively tight. Some caprolactam plants were shut down. In the second half of October, the price of raw materials began to fall, and the caprolactam market tended to be stable and then operated downward. As of October 31, Sinopec’s quotation for liquid caprolactam was 16450 yuan / ton. Fujian Tianchen has a production capacity of 350000 tons and a load of about 90%. The price of Baling Hengyi caprolactam liquid is 16450 yuan / ton, which will be accepted and withdrawn within six months. Baling Petrochemical’s caprolactam liquid price is 16450 yuan / ton, and the production capacity is 300000 tons. It will be accepted and withdrawn within six months. Shandong Luxi Chemical has no quotation for caprolactam, and the manufacturer’s production capacity is 300000 tons. Shandong Haili plant is in shutdown and will not be restarted temporarily.

The price of raw material pure benzene rose first and then fell this month. In the first half of October, pure benzene rose continuously and the price rose broadly. In the second half of the month, prices began to fluctuate downward and fell deeply at the end of the month. The average price was 7880 yuan / ton on October 1 and 7600 yuan / ton on October 31. This month’s decline was 3.55%, an increase of 111.11% over the same period last year, and the difference between the highest and lowest prices in the month was 980 yuan / ton.

3、 Future forecast

Caprolactam analysts of business society believe that the current cost market is weak, the prices of coal and pure benzene fall, and the trend is weak in the short term. Some caprolactam plants are planned to restart, and the supply will increase next month. The downstream construction started at a low level, the price fell, and the confidence in the field was insufficient. It is expected that the caprolactam market price will run steadily and downward in the short term.

http://www.lubonchem.com/