1、 Price trend
| Gamma-PGA (gamma polyglutamic acid) |
According to the commodity market analysis system of business cooperatives, the average price of domestic liquid caprolactam market was 12683 yuan/ton on May 1, and 12666 yuan/ton on May 8. Caprolactam prices fell 0.13% this week.
2、 Market analysis
Caprolactam market fell in shock this week. The price of raw material pure benzene has decreased, weakening cost support. Some caprolactam enterprises have reduced market supply and supply of goods due to equipment maintenance. However, downstream demand performance is insufficient, with on-demand procurement being the main focus and weak market transactions.
The price of raw material pure benzene continued to decline this week. On May 8th, the domestic price of pure benzene ranged from 7050 to 7330 yuan/ton, with an average price of 7163 yuan/ton, a decrease of 3.63% compared to last week. As of May 8th, Sinopec Group North China region: Qilu Petrochemical quoted 7300 yuan/ton, Shijiazhuang Refining and Chemical quoted 7300 yuan/ton, and Tianjin Petrochemical quoted 7300 yuan/ton.
3、 Future Market Forecast
Caprolactam analysts from the business community believe that the price of raw material pure benzene has weakened recently, and the cost side support is weak. Insufficient follow-up at the terminal and insufficient market transactions. It is expected that caprolactam market price will be slightly adjusted and operated in the short term.
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