1、 Price trend

According to the Commodity Market Analysis System of Shengyishe, the reference average price of domestic caprolactam on January 1st was 13843 yuan/ton, and on January 31st, the reference average price of domestic caprolactam was 13735 yuan/ton. This month, the market price of domestic caprolactam fell by 0.78%.

2、 Market analysis

The domestic caprolactam market has been fluctuating this month. The price of raw material pure benzene has increased this month, leading to increased cost support. The parking device for caprolactam is gradually opening up, and the market supply is gradually increasing. Downstream on-demand procurement, with a market wait-and-see mentality as the main focus. Driven by the cost at the end of the month, caprolactam slightly increased. As of January 31st, the settlement price of Sinopec’s caprolactam is 14100 yuan/ton, which is a high-quality liquid product.

Raw material pure benzene market. The price of pure benzene has increased slightly this month. As of January 31st, the reference price for domestic pure benzene is around 7967 yuan/ton.

Downstream PA6 market. The PA6 market has risen this month. The load of domestic polymerization plants remains basically unchanged, and the inventory position remains low. The current demand for terminal operations is increasing, and pre holiday stocking is increasing. It is expected that the PA6 market will be mainly strong in the short term. As of January 31st, the reference price for domestic PA6 is 14775 yuan/ton.

3、 Future Market Forecast

According to caprolactam analysts from Business Society, the price of raw material pure benzene has continued to strengthen recently, with increased cost support. Stable terminal demand, with on-demand procurement as the main focus. It is expected that the short-term market price of caprolactam will remain stable with an upward trend.