1、 Price trend
| ferric sulfate (Poly ferric sulphate) |
According to the business club’s big list data, the domestic caprolactam price fell sharply this month. The average ex factory price of caprolactam on July 1 was 10400 yuan / ton, and that on July 31 was 9566 yuan / ton, a decrease of 8.01%. The highest price in the month is 10400 yuan / ton, and the lowest price is 9533 yuan / ton.
On July 31, caprolactam commodity index was 48.12, unchanged with yesterday, down 51.88% from the cycle’s highest point of 100.00 (2017-03-02), and 22.13% higher than the lowest point of 39.40 on April 07, 2020. (Note: the period refers to March 1, 2017 to now)
2、 Market analysis
Caprolactam fell in the first and middle of July due to the continuous decline of raw material prices and limited cost support. Sufficient supply, poor downstream demand, the overall market is weak. In late July, the price of raw materials rose, with strong support from the cost side. However, the downstream demand is weak and the overall pressure bearing phenomenon is still in place. As of July 31, the price of caprolactam liquid of Shandong Luxi Chemical Co., Ltd. is 9000 yuan / T, and the factory has a production capacity of 300000 tons. The actual transaction can be discussed. Nanjing Dongfang caprolactam liquid price 10000 yuan / T, 400000 tons / year of the plant normal operation, caprolactam unit normal operation. Baling Hengyi caprolactam liquid price 9800 yuan / T, 450000 tons / year, the plant was normally started, accepted and delivered. The price of caprolactam liquid of Baling Petrochemical Company is 9800 yuan / ton, and the 300000 tons / year unit is normally started and accepted.
| Azodicarbonamide (AC foaming Agent) |
The listed price of raw material pure benzene was 2950-3400 yuan / ton this month, and the price rose 210 yuan / ton this month, up 6.65% this month. In July, the price of pure benzene fluctuated in the first ten days and the middle ten days, and the price rose sharply in the last ten days. Sinopec lowered the listing price of pure benzene at the beginning of this month, and increased the listing price three times in the last ten days, with a total increase of 50 yuan / ton to 3350 yuan / ton this month. At the beginning of the month, the weak market continued in June, the downstream demand was insufficient to follow up, and the port inventory remained high; coupled with the unknown public health events, the spot transaction in the market was light, and the wait-and-see atmosphere was strong. In the last ten days, the external price rebounded obviously, and the enterprises made up the short at the end of the month, and the pressure of delivery was released rapidly, and the price rose sharply.
3、 Future forecast
Caprolactam analysts believe that in the near future, the price of raw material pure benzene has continued to rise, the cost side is favorable, the support is strong, and the falling space is limited. The performance of downstream demand is not good, and will continue to be under pressure in the short term. It is expected that caprolactam market will rise steadily after finishing weak in August.
| povidone Iodine |