Price Trend
The reference price of caprolactam on September 27 was 12600.00, up 4.71% compared with September 1 (12033.33), according to the business association’s list. On September 27, the caprolactam commodity index was 63.37, which was 36.63% lower than the 100.00 point in the cycle (2017-03-02), and 8.96% higher than the 58.16 point on May 16, 2017. (Note: Period refers to 2017-03-01 to date)
| ferric sulfate (Poly ferric sulphate) |
II. Market Analysis
Products: Up to September 27, Shandong Luxi Chemical Caprolactam liquid price 12300 yuan/ton, cash out of the factory, the first and second phase of the plant normal start-up operation, the actual transaction can be negotiated; Hubei Sanning caprolactam liquid quoted 12900 yuan/ton, the contract is the main, 140,000 tons of caprolactam plant normal operation. Fujian Tianchen caprolactam liquid price is 12700 yuan/ton, the plant is in normal operation, acceptance delivery. Domestic caprolactam start-up rate is stable.
Industry chain: Upstream cyclohexanone weak finishing, price stability, cost support is limited. On September 27, the reference price of cyclohexanone was 9000.00, which was 10.66% higher than that on September 1 (8133.33). The downstream PA6 market atmosphere is cold and insufficient. On September 27, the reference price of PA6 was 14566.67, up 6.72% compared with September 1 (13650.00).
| Azodicarbonamide (AC foaming Agent) |
Industry: According to the price monitoring of business associations, on September 26, 2019, there were 8 kinds of commodities rising annually in the chemical sector. The top three commodities were DMF (3.52%), OX (2.99%) and aggregated MDI (2.35%). There are 14 kinds of commodities with a decline of more than 5%, accounting for 1.2% of the monitored commodities in this sector. The products with the first three declines are trichloromethane (-13.64%), dichloromethane (-4.08%) and propylene oxide (-1.61%). The average daily rise and fall was -0.13%.
3. Future Market Forecast
Analysts of business association caprolactam believe that: the price of raw materials in the upstream began to fall, the domestic spot supply of caprolactam was small, the pressure of environmental protection in the North increased, the market of PA6 was delayed, and the price of caprolactam was firm before the festival. It is expected that caprolactam will be stable after the festival. It is suggested to pay attention to the changes of raw materials and terminals.
| EDTA |