1、 Price trend

According to the data of Business News Agency, the average market price of domestic liquid caprolactam was 12500 yuan/ton on February 10 and 12233 yuan/ton on February 17. Domestic caprolactam prices fell 2.13% this week.

2、 Market analysis

The market price of caprolactam fell this week. The price of raw material pure benzene is higher than that of last week, and the cost support is acceptable. The operating rate of some enterprises increased, and the market spot supply increased. Downstream demand is weak, and on-demand procurement is the main part. The atmosphere of transaction on the market is weak, and the spot price of caprolactam is steadily reduced.

This week, the price of raw material pure benzene rose sharply. The fundamentals of pure benzene continue to be weak, and the downstream is more wait-and-see, and the purchase intention is general; Crude oil continued to fall in the week, and the cost of pure benzene market formed a negative pressure; Downstream styrene slightly strengthened, boosting the pure benzene market. This week, the price of Sinopec pure benzene was stable at 7000 yuan/ton (in Shandong and Hebei, it was stable at 7000 yuan/ton).

The downstream domestic PA6 market fell this week. As of February 17, the reference price of PA6 was 14166.67 yuan/ton

3、 Aftermarket forecast

The caprolactam analyst of the business agency believes that the spot supply of caprolactam market has increased recently, the terminal demand has weakened, and the price of caprolactam has retreated. It is expected that caprolactam prices will be mainly consolidated in the short term.