Price Trend
According to the data of business associations, caprolactam prices rose in September. The average market price of caprolactam was 1 2033.33/ton at the beginning of the month and 12 600.00/ton at the end of the month, which was 4.71% higher than that at the beginning of the month. On October 9, the caprolactam commodity index was 64.38, up 1.01 points from yesterday, down 35.62% from 100.00 points in the cycle (2017-03-02), and up 10.69% from 58.16 points on May 16, 2017. (Note: Period refers to 2017-03-01 to date)
| EDTA 2Na |
II. Market Analysis
Products: Up to October 10, Shandong Luxi Chemical Caprolactam liquid price 11900 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; Baling Hengyi Caprolactam liquid quoted 13,000 yuan/ton, accepted delivery, 450,000 tons of caprolactam plant normal operation. Hubei Sanning caprolactam liquid offer 12700 yuan/ton, accepted delivery, 140,000 tons of caprolactam plant normal operation. Fujian Tianchen caprolactam liquid price is 13700 yuan/ton, the plant is in normal operation, acceptance delivery.
Industry chain: In September, the pure benzene market was adjusted as a whole. The attack on Saudi Arabia led to a surge in the crude oil and benzene markets. The reference price of pure benzene on September 30 was 5752.00, which was 9.14% higher than that on September 1 (5270.20). Cyclohexanone market followed. The reference price of cyclohexanone on September 30 was 9050.00, which was 11.27% higher than that on September 1 (8133.33). Downstream PA6 is driven by cost. The reference price of PA6 on September 30 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, there are 46 kinds of commodities rising annually in the chemical sector in the list of commodity prices rising and falling in September 2019. Among them, 30 kinds of commodities increased by more than 5%, accounting for 35.7% of the monitored commodities in the sector. The first three commodities increased were nitric acid (54.17%), butanone (37.13%) and hydrochloric acid (35.14%). Thirty-two kinds of commodities declined annually, 13 of which declined by more than 5%, accounting for 15.5% of the monitored commodities in this sector. The products of the first three declines were trichloromethane (-20.83%), sulfur (-16.35%) and R22 (-14.00%). This month’s average rise and fall was 4.09%.
3. Future Market Forecast
Analysts of business association caprolactam believe that the domestic caprolactam market rose in September because of the cost of raw materials. Supported by favorable conditions, the price of liquids began to rise, while the price of solids kept rising. PA6 followed closely with the price rise. In October, the crude oil and pure benzene markets gradually declined and the atmosphere was flat. It is expected that the market of caprolactam will be consolidated in the later period.
| EDTA |