1、 Price trend

According to the Commodity Market Analysis System of Business Society, the average market price of domestic caprolactam on April 1st was 12694 yuan/ton, and on April 10th, the average market price of domestic caprolactam was 12855 yuan/ton. In early April, the price of caprolactam increased by 1.27%.

2、 Market analysis

In early April, the market price of caprolactam increased. The price of raw material pure benzene has increased, leading to increased cost support. The maintenance of caprolactam units has increased, resulting in a decrease in market supply and stable downstream demand. The weekly settlement price of Sinopec caprolactam is 13120 yuan/ton, which is a high-quality liquid product.

Raw material pure benzene market. In early April, the price of pure benzene in China increased. On April 10th, the reference price for pure benzene was 8720.50 yuan/ton, an increase of 2.73% compared to April 1st (8488.83 yuan/ton). As of now, the price of Sinopec pure benzene is 8800 yuan/ton.

Downstream PA6 market. In early April, the domestic PA6 market remained stable with minor fluctuations, and various spot prices fluctuated, showing a stable and positive overall trend. As of April 10th, the average reference price of PA6 in China was 14800 yuan/ton, an increase of 0.17% compared to April 1st (14775 yuan/ton).

3、 Future Market Forecast

Business Society Caprolactam Analysts believe that the caprolactam market has been relatively strong and rising recently. Cost and supply side support, with an increase in favorable factors. It is expected that the market for caprolactam will continue to rise in the short term.