1、 Price trend

According to the data of the large scale list of business agencies, the average price of domestic liquid caprolactam on June 14 was 14000 yuan / ton, and that of domestic liquid caprolactam on June 20 was 13950 yuan / ton. Caprolactam prices are stable this week.

2、 Market analysis

As of June 20, Nanjing Oriental caprolactam liquid price was RMB 14400 / T, the 400000 T / a unit was normally started and the caprolactam unit was in normal operation. The price of caprolactam liquid of Sinopec is 14100 yuan / ton. The liquid price of Baling Hengyi caprolactam is 14100 yuan / ton, and the 450000 T / a unit is normally started and accepted to be delivered. The price of caprolactam liquid of Baling Petrochemical is RMB 14100 / T, and the 300000 t / a unit is normally started and accepted to be delivered.

This week, the price of raw material pure benzene rose and then vibrated and consolidated. The price of Sinopec’s pure benzene was stable, with the price of 7750 yuan / ton. Domestic pure benzene prices continued to rise, boosted by the continuous rise of crude oil and low pure benzene port inventory. Within the week, the inventory of pure benzene in the main port of East China dropped to below 80000 tons. But at present, most of the downstream products are at a loss, and the follow-up of pure benzene slows down, limiting the rise.

3、 Future forecast

Analysts of caprolactam in business society believe that due to the overhaul of some enterprises’ equipment, the source of goods is relatively tight. Downstream enterprises have reduced demand and cost prices are strong. It is expected that the stable finishing operation of caprolactam will be the main in the short term.