1、 Price trend

According to the commodity market analysis system of the business community, the average price of domestic liquid caprolactam market was 12850 yuan/ton on April 14, and 12950 yuan/ton on April 21. Caprolactam prices rose 0.78% this week.

2、 Market analysis

Caprolactam market price slightly adjusted this week. The price of raw material pure benzene has been lowered, resulting in insufficient cost support. The market supply of caprolactam is reduced due to equipment maintenance of some enterprises, and there are still enterprises planning maintenance in the later period. Downstream procurement is mainly based on demand, and market transactions are still acceptable.

This week, the price of raw material pure benzene stabilized first and then fell. On Friday (April 21st), the price of pure benzene ranged from 7400 to 7620 yuan/ton (average price of 7510 yuan/ton), a decrease of 0.87% compared to last week and a decrease of 10.7% compared to the same period last year. This week, the price of Sinopec pure benzene remained stable at 7450 yuan/ton (prices in Shandong and Hebei regions remained stable).

3、 Future Market Forecast

The caprolactam analysts of the business community believe that the price of raw material pure benzene has weakened recently, and the cost side support has weakened. However, the supply of caprolactam in the market has decreased, and the supply side has certain support. It is expected that caprolactam market price will be dominated by narrow range consolidation in the short term.