1、 Price trend

According to the commodity market analysis system of the business community, the average price of domestic liquid caprolactam market was 12666 yuan/ton on May 8, and the average price of domestic liquid caprolactam market was 12866 yuan/ton on May 12. Caprolactam prices rose 1.58% this week.

2、 Market analysis

Caprolactam market prices fluctuated slightly this week. The price of raw material pure benzene has been lowered, resulting in insufficient cost support. At present, caprolactam market supply is relatively stable, and supply and demand are relatively balanced. Downstream demand performance is insufficient, and procurement is more cautious, maintaining a wait-and-see attitude.

This week, the price of pure benzene slightly decreased. On May 8th, the price of pure benzene was between 7050-7330 yuan/ton (average price 7190 yuan/ton), and on May 12th, the price was between 7050-7170 yuan/ton (average price 7110 yuan/ton). The price decreased by 4.24% compared to last week and 18.9% compared to the same period last year. This week, the price of Sinopec pure benzene dropped to 7050 yuan/ton.

3、 Future Market Forecast

Caprolactam analysts from the business community believe that the price of raw material pure benzene has weakened recently, and the cost side support is general. Terminal follow-up is slow, and the market is mostly low priced transactions. It is expected that caprolactam market price will be dominated by narrow range consolidation in the short term.