Caprolactam prices rose first and then fell in September

1、 Price trend

According to the data of the business club, the average ex factory price of domestic caprolactam liquid on September 1 was 9516 yuan / ton, while on September 30, the average factory price of domestic caprolactam liquid was 9333 yuan / ton, which dropped by 1.93% this month.

2、 Market analysis

Domestic caprolactam rose first and then fell this month. In the first ten days of September, the price of pure benzene rose and the cost was good. Caprolactam supply decreased, procurement increased and prices began to rise. In the middle and late September, some caprolactam enterprises resumed production, and the supply of caprolactam increased. As supply exceeds demand, inventory pressure increases. Prices began to fall. As of the end of the month, the price of caprolactam liquid of Shandong Luxi Chemical Co., Ltd. was 9000 yuan / T, and the factory had delivered the factory in cash, with a capacity of 300000 tons. The actual transaction can be discussed. Nanjing Dongfang caprolactam liquid price 9800 yuan / ton, 400000 tons / year of the plant normal operation, caprolactam unit normal operation. Baling Hengyi caprolactam liquid price is 9700 yuan / T, 450000 tons / year, the plant is normally started up, accepted and delivered. The price of caprolactam liquid of Baling Petrochemical Company is 9700 yuan / ton, and the 300000 tons / year unit is normally started and accepted.

Raw material pure benzene experienced shock this month. In September, Sinopec’s listed price of pure benzene was not adjusted, supporting the price of pure benzene. In the first ten days, the price of some downstream products in Northeast China was exported, the market supply increased, and the demand was not improved, which led to the price weakening. In the middle of the year, price stabilization and consolidation are the main factors. Late ten days: before the festival, the willingness of downstream replenishment is not strong, affected by the pressure of shipment, the overall price of refining is weak.

3、 Future forecast

Caprolactam analysts believe that at the beginning of this month, the demand for caprolactam in the downstream chip market increased, and the market rose. After that, due to the weakening demand, caprolactam supply increased, and the price began to fall. In the near future, under the improvement of cost support and downstream demand, caprolactam market is expected to rise steadily in October.